Nasdaq 100 2x Strategy Fund Price on October 18, 2024
| RYVLX Fund | USD 593.33 12.72 2.19% |
Below is the normalized historical share price chart for Nasdaq 100 2x Strategy extending back to June 21, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nasdaq-100(r) stands at 593.33, as last reported on the 2nd of December, with the highest price reaching 593.33 and the lowest price hitting 593.33 during the day.
If you're considering investing in Nasdaq-100(r) Mutual Fund, it is important to understand the factors that can impact its price. Nasdaq-100(r) appears to be very steady, given 3 months investment horizon. Nasdaq 100 2x has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nasdaq-100(r), which you can use to evaluate the volatility of the fund. Please exercise Nasdaq-100(r)'s Risk Adjusted Performance of 0.0857, downside deviation of 2.57, and Mean Deviation of 1.52 to check out if our risk estimates are consistent with your expectations.
Nasdaq-100(r) Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nasdaq-100(r) |
Sharpe Ratio = 0.1455
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nasdaq-100(r) is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nasdaq-100(r) by adding it to a well-diversified portfolio.
Nasdaq-100(r) Valuation on October 18, 2024
It is possible to determine the worth of Nasdaq-100(r) on a given historical date. On October 18, 2024 Nasdaq-100(r) was worth 552.76 at the beginning of the trading date compared to the closed value of 552.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nasdaq-100(r) mutual fund. Still, in general, we apply an absolute valuation method to find Nasdaq-100(r)'s value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nasdaq-100(r) where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nasdaq-100(r)'s related companies.
| Open | High | Low | Close | Volume | |
| 545.81 | 545.81 | 545.81 | 545.81 | 1.00 | |
10/18/2024 | 552.76 | 552.76 | 552.76 | 552.76 | 1.00 |
| 554.61 | 554.61 | 554.61 | 554.61 | 1.00 |
| Backtest Nasdaq-100(r) | | | Nasdaq-100(r) History | | | Nasdaq-100(r) Valuation | Previous | Next |
Nasdaq-100(r) Trading Date Momentum on October 18, 2024
| On October 21 2024 Nasdaq 100 2x Strategy was traded for 554.61 at the closing time. The highest daily price throughout the period was 554.61 and the lowest price was 554.61 . There was no trading activity during the period 1.0. Lack of trading volume on 10/21/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.33% . The trading delta at closing time to current closing price is 0.08% . |
Nasdaq 100 2x Fundamentals Correlations and Trends
By evaluating Nasdaq-100(r)'s financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nasdaq-100(r)'s main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nasdaq-100(r) financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nasdaq-100(r) Mutual Fund history
Nasdaq-100(r) investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nasdaq-100(r) is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nasdaq 100 2x will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nasdaq-100(r) stock prices may prove useful in developing a viable investing in Nasdaq-100(r)
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. It will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. The fund is non-diversified.
Nasdaq-100(r) Mutual Fund Technical Analysis
Nasdaq-100(r) technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nasdaq-100(r) Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Nasdaq 100 2x Strategy cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nasdaq-100(r) December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Nasdaq-100(r) mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nasdaq-100(r) shares will generate the highest return on investment. By undertsting and applying Nasdaq-100(r) mutual fund market strength indicators, traders can identify Nasdaq 100 2x Strategy entry and exit signals to maximize returns
Nasdaq-100(r) Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nasdaq-100(r)'s price direction in advance. Along with the technical and fundamental analysis of Nasdaq-100(r) Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nasdaq-100(r) to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0857 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0346 | |||
| Treynor Ratio | 0.1122 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Nasdaq-100(r) Mutual Fund
Nasdaq-100(r) financial ratios help investors to determine whether Nasdaq-100(r) Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nasdaq-100(r) with respect to the benefits of owning Nasdaq-100(r) security.
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