Nasdaq 100 Fund Class Fund Buy Hold or Sell Recommendation
| RYHOX Fund | USD 65.11 0.36 0.55% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Nasdaq 100 Fund Class is 'Cautious Hold'. Macroaxis provides Nasdaq-100 Fund buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RYHOX positions. The advice algorithm takes into account all of Nasdaq-100 Fund's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nasdaq-100 Fund's buy or sell advice are summarized below:
Real Value 65.36 | Hype Value 65.11 | Market Value 65.11 | Naive Value 64.84 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nasdaq 100 Fund Class given historical horizon and risk tolerance towards Nasdaq-100 Fund. When Macroaxis issues a 'buy' or 'sell' recommendation for Nasdaq 100 Fund Class, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nasdaq-100 |
Execute Nasdaq-100 Fund Buy or Sell Advice
The Nasdaq-100 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nasdaq 100 Fund Class. Macroaxis does not own or have any residual interests in Nasdaq 100 Fund Class or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nasdaq-100 Fund's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Nasdaq-100 Fund Trading Alerts and Improvement Suggestions
| Nasdaq 100 Fund generated a negative expected return over the last 90 days | |
| The fund maintains 95.47% of its assets in stocks |
Nasdaq-100 Fund Returns Distribution Density
The distribution of Nasdaq-100 Fund's historical returns is an attempt to chart the uncertainty of Nasdaq-100 Fund's future price movements. The chart of the probability distribution of Nasdaq-100 Fund daily returns describes the distribution of returns around its average expected value. We use Nasdaq 100 Fund Class price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nasdaq-100 Fund returns is essential to provide solid investment advice for Nasdaq-100 Fund.
| Mean Return | -0.01 | Value At Risk | -1.67 | Potential Upside | 1.56 | Standard Deviation | 1.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nasdaq-100 Fund historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nasdaq-100 Fund Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nasdaq-100 Fund or Rydex Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nasdaq-100 Fund's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nasdaq-100 fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.06 | |
σ | Overall volatility | 1.06 | |
Ir | Information ratio | -0.09 |
Nasdaq-100 Fund Volatility Alert
Nasdaq 100 Fund Class exhibits very low volatility with skewness of 0.2 and kurtosis of -0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nasdaq-100 Fund's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nasdaq-100 Fund's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nasdaq-100 Fund Fundamentals Vs Peers
Comparing Nasdaq-100 Fund's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nasdaq-100 Fund's direct or indirect competition across all of the common fundamentals between Nasdaq-100 Fund and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nasdaq-100 Fund or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Nasdaq-100 Fund's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nasdaq-100 Fund by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nasdaq-100 Fund to competition |
| Fundamentals | Nasdaq-100 Fund | Peer Average |
| Price To Earning | 21.82 X | 6.53 X |
| Price To Book | 4.45 X | 0.74 X |
| Price To Sales | 2.82 X | 0.61 X |
| Year To Date Return | 1.06 % | 0.39 % |
| One Year Return | 29.37 % | 4.15 % |
| Three Year Return | 6.24 % | 3.60 % |
| Five Year Return | 16.42 % | 3.24 % |
| Ten Year Return | 17.36 % | 1.79 % |
| Net Asset | 1.43 B | 4.11 B |
| Cash Position Weight | 1.58 % | 10.61 % |
| Equity Positions Weight | 95.47 % | 63.90 % |
| Bond Positions Weight | 0.36 % | 11.24 % |
Nasdaq-100 Fund Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nasdaq-100 . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 65.11 | |||
| Day Typical Price | 65.11 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.36) |
About Nasdaq-100 Fund Buy or Sell Advice
When is the right time to buy or sell Nasdaq 100 Fund Class? Buying financial instruments such as Nasdaq-100 Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Nasdaq-100 Fund Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.