Strengthening Dollar 2x Fund Manager Performance Evaluation
| RYSDX Fund | USD 67.75 0.24 0.36% |
The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Strengthening Dollar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Strengthening Dollar is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Strengthening Dollar 2x are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental indicators, Strengthening Dollar showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 19th of August 2022 | |
| Expense Ratio | 1.8300 |
Strengthening |
Strengthening Dollar Relative Risk vs. Return Landscape
If you would invest 5,964 in Strengthening Dollar 2x on September 27, 2024 and sell it today you would earn a total of 811.00 from holding Strengthening Dollar 2x or generate 13.6% return on investment over 90 days. Strengthening Dollar 2x is currently producing 0.2064% returns and takes up 0.8852% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Strengthening, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Strengthening Dollar Current Valuation
Undervalued
Today
Please note that Strengthening Dollar's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Strengthening Dollar has a current Real Value of $71.65 per share. The regular price of the fund is $67.75. We determine the value of Strengthening Dollar from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Strengthening Dollar is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Strengthening Mutual Fund. However, Strengthening Dollar's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 67.75 | Real 71.65 | Hype 67.75 | Naive 69.12 |
The intrinsic value of Strengthening Dollar's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Strengthening Dollar's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Strengthening Dollar 2x helps investors to forecast how Strengthening mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Strengthening Dollar more accurately as focusing exclusively on Strengthening Dollar's fundamentals will not take into account other important factors: Strengthening Dollar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strengthening Dollar's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Strengthening Dollar 2x, and traders can use it to determine the average amount a Strengthening Dollar's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2332
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RYSDX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Strengthening Dollar is performing at about 18% 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 Strengthening Dollar by adding it to a well-diversified portfolio.
Strengthening Dollar Fundamentals Growth
Strengthening Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Strengthening Dollar, and Strengthening Dollar fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Strengthening Mutual Fund performance.
| Total Asset | 560 K | ||||
About Strengthening Dollar Performance
Evaluating Strengthening Dollar's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Strengthening Dollar has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Strengthening Dollar has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund employs as its investment strategy a program of investing in derivative instruments, which primarily consist of index swaps, futures contracts, and options on securities, securities indices, and futures contracts. The U.S. Dollar Index measures the performance of the U.S. dollar against a basket of foreign currencies that include the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The fund is non-diversified.Things to note about Strengthening Dollar performance evaluation
Checking the ongoing alerts about Strengthening Dollar for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Strengthening Dollar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 32.92% of its assets in cash |
- Analyzing Strengthening Dollar's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Strengthening Dollar's stock is overvalued or undervalued compared to its peers.
- Examining Strengthening Dollar's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Strengthening Dollar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Strengthening Dollar's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Strengthening Dollar's mutual fund. These opinions can provide insight into Strengthening Dollar's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Strengthening Mutual Fund
Strengthening Dollar financial ratios help investors to determine whether Strengthening 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 Strengthening with respect to the benefits of owning Strengthening Dollar security.
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