Utilities Ultrasector Profund Fund Price on December 5, 2024
| UTPIX Fund | USD 70.78 0.58 0.83% |
Below is the normalized historical share price chart for Utilities Ultrasector Profund extending back to December 06, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Utilities Ultrasector stands at 70.78, as last reported on the 26th of December, with the highest price reaching 70.78 and the lowest price hitting 70.78 during the day.
If you're considering investing in Utilities Mutual Fund, it is important to understand the factors that can impact its price. Utilities Ultrasector owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0686, which indicates the fund had a -0.0686% return per unit of risk over the last 3 months. Utilities Ultrasector Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Utilities Ultrasector's Variance of 2.49, coefficient of variation of (1,544), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Utilities Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Utilities |
Sharpe Ratio = -0.0686
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| Negative Returns | UTPIX |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Utilities Ultrasector is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Utilities Ultrasector by adding Utilities Ultrasector to a well-diversified portfolio.
Utilities Ultrasector Valuation on December 5, 2024
It is possible to determine the worth of Utilities Ultrasector on a given historical date. On December 5, 2024 Utilities was worth 75.96 at the beginning of the trading date compared to the closed value of 75.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Utilities Ultrasector mutual fund. Still, in general, we apply an absolute valuation method to find Utilities Ultrasector's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Utilities Ultrasector where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Utilities Ultrasector's related companies.
| Open | High | Low | Close | Volume | |
| 75.65 | 75.65 | 75.65 | 75.65 | 1.00 | |
12/05/2024 | 75.96 | 75.96 | 75.96 | 75.96 | 1.00 |
| 74.59 | 74.59 | 74.59 | 74.59 | 1.00 |
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Utilities Ultrasector Trading Date Momentum on December 5, 2024
| On December 06 2024 Utilities Ultrasector Profund was traded for 74.59 at the closing time. The highest daily price throughout the period was 74.59 and the lowest price was 74.59 . There was no trading activity during the period 1.0. Lack of trading volume on 12/06/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.80% . The trading price change to current closing price is 6.95% . |
Utilities Ultrasector Fundamentals Correlations and Trends
By evaluating Utilities Ultrasector's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Utilities Ultrasector's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Utilities financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Utilities Ultrasector Mutual Fund history
Utilities Ultrasector investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Utilities is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Utilities Ultrasector will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Utilities Ultrasector stock prices may prove useful in developing a viable investing in Utilities Ultrasector
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the utilities sector of the SP 500 Index . The fund is non-diversified.
Utilities Ultrasector Mutual Fund Technical Analysis
Utilities Ultrasector technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Utilities Ultrasector Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Utilities Ultrasector Profund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Utilities Ultrasector December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Utilities Ultrasector mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Utilities Ultrasector shares will generate the highest return on investment. By undertsting and applying Utilities Ultrasector mutual fund market strength indicators, traders can identify Utilities Ultrasector Profund entry and exit signals to maximize returns
Utilities Ultrasector Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Utilities Ultrasector's price direction in advance. Along with the technical and fundamental analysis of Utilities Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Utilities to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.23) |
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Other Information on Investing in Utilities Mutual Fund
Utilities Ultrasector financial ratios help investors to determine whether Utilities Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Utilities with respect to the benefits of owning Utilities Ultrasector security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
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