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RYLDX Rydex Dow 2x Strategy A Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Unitedhealth Group (NYSE:UNH), Home Depot (NYSE:HD), Salesforce (NYSE:CRM), McDonald's Corp (NYSE:MCD), Caterpillar (NYSE:CAT), Amgen (NASDAQ:AMGN), Goldman Sachs Group (NYSE:GS), Boeing Company (NYSE:BA).

Industry description

The investment seeks to provide investment results that match, before fees and expenses, 200% of the performance of the Dow Jones Industrial Average® on a daily basis. 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% 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.

Market Cap

The average market capitalization across the Rydex Dow 2x Strategy A MF is 561.49B. The market cap for tickers in the group ranges from 97.13B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is BA at 97.13B.

Volume

The average weekly volume growth across all stocks in the Rydex Dow 2x Strategy A MF was -25%. For the same stocks of the MF, the average monthly volume growth was -39% and the average quarterly volume growth was -29%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 49
P/E Growth Rating: 44
Price Growth Rating: 39
SMR Rating: 24
Profit Risk Rating: 26
Seasonality Score: -32 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Rydex Dynamic Funds9601 Blackwell Road Suite 500Rockville
Phone
N/A
Web
www.rydex-sgi.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
VYRIX10.08N/A
N/A
VY® T. Rowe Price Divers Mid Cap Gr R6
DYGIX15.41N/A
N/A
Meeder Dynamic Allocation Institutional
JLGZX65.49-0.10
-0.15%
JPMorgan Large Cap Growth R2
GSFPX16.83-0.03
-0.18%
Goldman Sachs US Eq Div and Premium P
RLUSX17.17-0.06
-0.35%
Lazard US Equity Focus R6

RYLDX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RYLDX has been loosely correlated with RYCCX. These tickers have moved in lockstep 57% of the time. This A.I.-generated data suggests there is some statistical probability that if RYLDX jumps, then RYCCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYLDX
1D Price
Change %
RYLDX100%
-1.06%
RYCCX - RYLDX
57%
Loosely correlated
+0.12%
RYVLX - RYLDX
57%
Loosely correlated
+0.12%
RYVYX - RYLDX
57%
Loosely correlated
+0.12%
UOPSX - RYLDX
39%
Loosely correlated
+0.09%
UOPIX - RYLDX
38%
Loosely correlated
+0.10%