RYVLX Company Profile and Key Details

Rydex NASDAQ-100 2x Strategy Fund (NASDAQ:RYVLX) closed at $848.08 USD, losing -$12.22 (-1.42%) from the previous close of $860.30. The stock is currently mid-range between its 52-week high and low $538.96 and $947.02. 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 approach centers on acquiring common stock from companies generally mirroring the market capitalization of its underlying index, as well as employing derivative instruments.

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.

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.