Nasdaq 100 2x Strategy Fund Market Value
| RYVYX Fund | USD 598.21 7.32 1.24% |
| Symbol | Nasdaq 100 |
Nasdaq 100 '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'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.
| 04/03/2025 |
| 07/02/2025 |
If you would invest 0.00 in Nasdaq 100 on April 3, 2025 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 over 90 days. Nasdaq 100 is related to or competes with Gabelli Convertible, Putnam Convertible, Lord Abbett, and Virtus Convertible. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally w... More
Nasdaq 100 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'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.
| Downside Deviation | 4.44 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 32.15 | |||
| Value At Risk | (6.08) | |||
| Potential Upside | 5.2 |
Nasdaq 100 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nasdaq 100's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nasdaq 100's standard deviation. In reality, there are many statistical measures that can use Nasdaq 100 historical prices to predict the future Nasdaq 100's volatility.| Risk Adjusted Performance | 0.1613 | |||
| Jensen Alpha | 0.4284 | |||
| Total Risk Alpha | 0.1929 | |||
| Sortino Ratio | 0.0742 | |||
| Treynor Ratio | (1.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nasdaq 100'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.
Nasdaq 100 2x Backtested Returns
Nasdaq 100 appears to be very steady, given 3 months investment horizon. Nasdaq 100 2x has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16 % return per unit of risk over the last 3 months. By analyzing Nasdaq 100's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please exercise Nasdaq 100's Mean Deviation of 2.5, risk adjusted performance of 0.1613, and Downside Deviation of 4.44 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nasdaq 100 are expected to decrease at a much lower rate. During the bear market, Nasdaq 100 is likely to outperform the market.
Auto-correlation | 0.83 |
Very good predictability
Nasdaq 100 2x Strategy has very good predictability. Overlapping area represents the amount of predictability between Nasdaq 100 time series from 3rd of April 2025 to 18th of May 2025 and 18th of May 2025 to 2nd of July 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 0.83 indicates that around 83.0% of current Nasdaq 100 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 461.88 |
Nasdaq 100 2x lagged returns against current returns
Autocorrelation, which is Nasdaq 100 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's mutual fund expected returns. We can calculate the autocorrelation of Nasdaq 100 returns to help us make a trade decision. For example, suppose you find that Nasdaq 100 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nasdaq 100 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 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nasdaq 100 Lagged Returns
When evaluating Nasdaq 100's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nasdaq 100 mutual fund have on its future price. Nasdaq 100 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 autocorrelation shows the relationship between Nasdaq 100 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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nasdaq 100 Mutual Fund
Nasdaq 100 financial ratios help investors to determine whether Nasdaq 100 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 with respect to the benefits of owning Nasdaq 100 security.
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