Rydex Inverse Nasdaq 100 Fund Technical Analysis
| RYCDX Fund | USD 9.88 0.27 2.66% |
As of the 27th of December, Rydex Inverse holds the Variance of 4.8, coefficient of variation of (605.16), and Risk Adjusted Performance of (0.12). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rydex Inverse, as well as the relationship between them.
Rydex Inverse Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rydex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RydexRydex |
Rydex Inverse 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.
Rydex Inverse Nasdaq Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rydex Inverse Nasdaq volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rydex Inverse Nasdaq Trend Analysis
Use this graph to draw trend lines for Rydex Inverse Nasdaq 100. You can use it to identify possible trend reversals for Rydex Inverse as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rydex Inverse price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rydex Inverse Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rydex Inverse Nasdaq 100 applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Rydex Inverse Nasdaq 100 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 77.2, which is the sum of squared deviations for the predicted Rydex Inverse price change compared to its average price change.About Rydex Inverse Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rydex Inverse Nasdaq 100 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rydex Inverse Nasdaq 100 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Rydex Inverse Nasdaq price pattern first instead of the macroeconomic environment surrounding Rydex Inverse Nasdaq. By analyzing Rydex Inverse's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rydex Inverse's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rydex Inverse specific price patterns or momentum indicators. Please read more on our technical analysis page.
Rydex Inverse December 27, 2024 Technical Indicators
Most technical analysis of Rydex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rydex from various momentum indicators to cycle indicators. When you analyze Rydex charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (3.54) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (605.16) | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.8 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (3.55) | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.12 | |||
| Skewness | 0.6526 | |||
| Kurtosis | 2.2 |
Other Information on Investing in Rydex Mutual Fund
Rydex Inverse financial ratios help investors to determine whether Rydex 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 Rydex with respect to the benefits of owning Rydex Inverse security.
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