Nasdaq 100 2x Strategy Fund Market Value

RYCCX Fund  USD 332.90  15.62  4.92%   
Nasdaq-100(r)'s market value is the price at which a share of Nasdaq-100(r) trades on a public exchange. It measures the collective expectations of Nasdaq 100 2x Strategy investors about its performance. Nasdaq-100(r) is trading at 332.90 as of the 16th of March 2025; that is 4.92 percent increase since the beginning of the trading day. The fund's open price was 317.28.
With this module, you can estimate the performance of a buy and hold strategy of Nasdaq 100 2x Strategy and determine expected loss or profit from investing in Nasdaq-100(r) over a given investment horizon. Check out Nasdaq-100(r) Correlation, Nasdaq-100(r) Volatility and Nasdaq-100(r) Alpha and Beta module to complement your research on Nasdaq-100(r).
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Please note, there is a significant difference between Nasdaq-100(r)'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Nasdaq-100(r) is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nasdaq-100(r)'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nasdaq-100(r) 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nasdaq-100(r)'s mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nasdaq-100(r).
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Nasdaq-100(r) on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Nasdaq 100 2x Strategy or generate 0.0% return on investment in Nasdaq-100(r) over 90 days. Nasdaq-100(r) is related to or competes with Federated Government, Bbh Intermediate, Baird Quality, Us Government, Massmutual Clinton, and Vanguard Intermediate-ter. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally w... More

Nasdaq-100(r) Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nasdaq-100(r)'s mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nasdaq 100 2x Strategy upside and downside potential and time the market with a certain degree of confidence.

Nasdaq-100(r) Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nasdaq-100(r)'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nasdaq-100(r)'s standard deviation. In reality, there are many statistical measures that can use Nasdaq-100(r) historical prices to predict the future Nasdaq-100(r)'s volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nasdaq-100(r)'s price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
207.03209.86366.19
Details
Intrinsic
Valuation
LowRealHigh
294.28297.11366.19
Details

Nasdaq 100 2x Backtested Returns

Nasdaq 100 2x has Sharpe Ratio of -0.14, which conveys that the entity had a -0.14 % return per unit of risk over the last 3 months. Nasdaq-100(r) exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nasdaq-100(r)'s Risk Adjusted Performance of (0.11), standard deviation of 2.96, and Mean Deviation of 2.27 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 1.82, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nasdaq-100(r) will likely underperform.

Auto-correlation

    
  -0.05  

Very weak reverse predictability

Nasdaq 100 2x Strategy has very weak reverse predictability. Overlapping area represents the amount of predictability between Nasdaq-100(r) time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nasdaq 100 2x price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Nasdaq-100(r) price fluctuation can be explain by its past prices.
Correlation Coefficient-0.05
Spearman Rank Test-0.11
Residual Average0.0
Price Variance1068.86

Nasdaq 100 2x lagged returns against current returns

Autocorrelation, which is Nasdaq-100(r) mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nasdaq-100(r)'s mutual fund expected returns. We can calculate the autocorrelation of Nasdaq-100(r) returns to help us make a trade decision. For example, suppose you find that Nasdaq-100(r) has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Nasdaq-100(r) regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nasdaq-100(r) mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nasdaq-100(r) mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nasdaq-100(r) mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Nasdaq-100(r) Lagged Returns

When evaluating Nasdaq-100(r)'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nasdaq-100(r) mutual fund have on its future price. Nasdaq-100(r) autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nasdaq-100(r) autocorrelation shows the relationship between Nasdaq-100(r) mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nasdaq 100 2x Strategy.
   Regressed Prices   
       Timeline  

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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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