A type of indicator that may be used as a proxy with regard to the direction or market sentiment. The Nova fund is more on the bullish side while the Ursa fund is more bearish. This ratio is determined by taking the total assets from the Nova fund and dividing them by the total assets from the Ursa fund.
Related information about nova/ursa ratio:
- Nova/Ursa Ratio Definition | Investopedia
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. Whereas, the Ursa fund ...
- How do I use the Nova/Ursa ratio?
Sep 23, 2009 ... The Nova/Ursa ratio is a contrary indicator designed to gauge market sentiment among retail investors. The ratio gets its name from the Rydex ...
- Market Harmonics - Market Sentiment - Rydex Funds Sentiment Ratio
Tradersroom. Description Among measures used to check extremes in bullish v.s. bearish investor sentiment is the performance ratio between the Nova Fund ...
- Rydex Nova/Ursa Ratio - WallStreetCourier.com
The Rydex Nova/Ursa ratio is a contrary indicator designed to gauge market sentiment among retail investors (Dumb Money). The ratio gets its name from the ...
- Rydex Nova/Ursa Ratio - SchaeffersResearch.com
- What is nova/ursa ratio? definition and meaning
Definition of nova/ursa ratio: A type of indicator that may be used as a proxy with regard to the direction or market sentiment. The Nova fund is more on the ...
- Nova/Ursa Ratio: Definition from Answers.com
Nova/Ursa Ratio 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.
- Rydex Nova:Ursa Ratio versus S&P500 Chart
A historical graph of the Rydex Nova:Ursa Ratio versus the Standard and Poors 500 Index back to June 2007.