Username: ForexGuy Rating: Asked to: Jacob Rogers Date Created: 28 Jun 2019 |
|
Category | 28 |
Tag | Financial |
Question | Please give the definition of Nova/Ursa Ratio. |
Hello ForexGuy, The nova/ursa ratio is a sentiment indicator based on the Nova and Ursa funds from the Rydex Fund Group. The Nova fund is bullish with a target beta of 1.5, meaning the underlying securities within the fund tend to move more than the overall market. This can be a positive when the market is climbing and lead to extra gains for the holders of these stocks. The Ursa fund is bearish with a target beta of -1.0. This means the underlying securities within this fund tend to move less than the overall market. When the market falls, this can lead to softened losses for investors. This ratio can be used as a proxy for the direction of market sentiment. More specifically, a high value represents a bullish sentiment and a low value represents a bearish sentiment. |
Hi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read moreHello Andrew, A mad hatter is a chief executive officer (CEO) or managerial
Read moreHi PrettyWoman, A charge a consumer pays for making a required minimum payment
Read moreHi PrettyWoman, An investment technique used to eliminate the risk of a
Read moreHello LuckyMan, One of the first reduced-form models for pricing credit risk.
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read more