RYCCX Company Profile and Key Details

Rydex NASDAQ-100 2x Strategy Fund last paid a dividend of 47.61 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Rydex NASDAQ-100 2x Strategy Fund (NASDAQ:RYCCX) closed at $570.47 USD, losing -$8.25 (-1.43%) from the previous close of $578.72. The stock is currently mid-range between its 52-week high and low $363.68 and $638.19. With a market capitalization of about $1.25 billion, Rydex NASDAQ-100 2x Strategy Fund is classified as a small-cap and shows higher-than-market volatility (beta ~2.47). Headquartered in Rockville, MD, Rydex NASDAQ-100 2x Strategy Fund operates in the Financial Services sector and the Asset Management - Leveraged industry. The fund's investment strategy primarily involves allocating its capital to the common stocks of companies whose market capitalization generally aligns with the underlying index, in addition to employing derivative instruments.

Our AI price prediction model suggests that Rydex NASDAQ-100 2x Strategy Fund stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.