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RYARX
Mutual Fund ticker: NASDAQ
AS OF
Dec 24 closing price
Price
$83.53
Change
-$0.25 (-0.30%)
Net Assets
40.06M

RYARX Rydex Inverse S&P 500® Strategy A Forecast, Technical & Fundamental Analysis

The investment seeks to provide investment results that match, before fees and expenses, the inverse of the performance of the S&P 500® Index on a daily basis... Show more

Category: #Trading
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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide investment results that match, before fees and expenses, the inverse of the performance of the S&P 500® Index on a daily basis. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The index is a capitalization-weighted index composed of 500 common stocks. The fund is non-diversified.
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
Rydex Series Funds9601 Blackwell Road,Suite 500Rockville
Phone
N/A
Web
www.rydex-sgi.com
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RYARX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RYARX has been closely correlated with RYCBX. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYARX jumps, then RYCBX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYARX
1D Price
Change %
RYARX100%
-0.30%
RYCBX - RYARX
100%
Closely correlated
-0.61%
RYURX - RYARX
100%
Closely correlated
-0.29%
RYTPX - RYARX
100%
Closely correlated
-0.61%
RYTMX - RYARX
100%
Closely correlated
-0.62%
RYUCX - RYARX
100%
Closely correlated
-0.29%
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