Nasdaq 100 2x Strategy Fund Manager Performance Evaluation
| RYVLX Fund | USD 570.68 9.88 1.70% |
The fund secures a Beta (Market Risk) of 1.95, 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.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Nasdaq 100 2x Strategy are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak essential indicators, Nasdaq-100(r) may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 1st of August 2022 | |
| Expense Ratio | 1.9000 |
Nasdaq-100(r) |
Nasdaq-100(r) Relative Risk vs. Return Landscape
If you would invest 51,911 in Nasdaq 100 2x Strategy on August 30, 2024 and sell it today you would earn a total of 5,157 from holding Nasdaq 100 2x Strategy or generate 9.93% return on investment over 90 days. Nasdaq 100 2x Strategy is currently producing 0.172% returns and takes up 2.1951% volatility of returns over 90 trading days. Put another way, 19% of traded mutual funds are less volatile than Nasdaq-100(r), and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nasdaq-100(r) Current Valuation
Overvalued
Today
Please note that Nasdaq-100(r)'s price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nasdaq 100 2x secures a last-minute Real Value of $554.05 per share. The latest price of the fund is $570.68. We determine the value of Nasdaq 100 2x from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nasdaq-100(r) is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nasdaq-100(r) Mutual Fund. However, Nasdaq-100(r)'s intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 570.68 | Real 554.05 | Hype 570.68 |
The intrinsic value of Nasdaq-100(r)'s stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nasdaq-100(r)'s stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nasdaq 100 2x Strategy helps investors to forecast how Nasdaq-100(r) mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nasdaq-100(r) more accurately as focusing exclusively on Nasdaq-100(r)'s fundamentals will not take into account other important factors: Nasdaq-100(r) Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nasdaq-100(r)'s investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nasdaq 100 2x Strategy, and traders can use it to determine the average amount a Nasdaq-100(r)'s price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0784
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RYVLX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nasdaq-100(r) is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nasdaq-100(r) by adding it to a well-diversified portfolio.
Nasdaq-100(r) Fundamentals Growth
Nasdaq-100(r) Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nasdaq-100(r), and Nasdaq-100(r) fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nasdaq-100(r) Mutual Fund performance.
| Price To Earning | 20.67 X | ||||
| Price To Book | 4.56 X | ||||
| Price To Sales | 2.92 X | ||||
| Total Asset | 80.59 M | ||||
About Nasdaq-100(r) Performance
Evaluating Nasdaq-100(r)'s performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nasdaq-100(r) has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nasdaq-100(r) has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 percent 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.Things to note about Nasdaq 100 2x performance evaluation
Checking the ongoing alerts about Nasdaq-100(r) for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nasdaq 100 2x help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 14.9% of its assets in cash |
- Analyzing Nasdaq-100(r)'s financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nasdaq-100(r)'s stock is overvalued or undervalued compared to its peers.
- Examining Nasdaq-100(r)'s industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nasdaq-100(r)'s management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nasdaq-100(r)'s management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nasdaq-100(r)'s mutual fund. These opinions can provide insight into Nasdaq-100(r)'s potential for growth and whether the stock is currently undervalued or overvalued.
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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