Industry description
The investment seeks investment results that correlate, before fees and expenses, to 150% of the performance of the S&P MidCap 400® Index for mid-cap securities on a daily basis.
The fund employs as its investment strategy a program of investing in the common stock of companies that are within the capitalization range of the underlying index and derivative instruments. It invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies included in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.
Market Cap
The average market capitalization across the Rydex Mid-Cap 1.5x Strategy H MF is 12.26B. The market cap for tickers in the group ranges from 12.35B to 17.05B. HUBB holds the highest valuation in this group at 17.05B. The lowest valued company is GGG at 12.35B.
Volume
The average weekly volume growth across all stocks in the Rydex Mid-Cap 1.5x Strategy H MF was -4%. For the same stocks of the MF, the average monthly volume growth was 58% and the average quarterly volume growth was -0%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 63
P/E Growth Rating: 47
Price Growth Rating: 56
SMR Rating: 51
Profit Risk Rating: 43
Seasonality Score: -34 (-100 ... +100)