Bull Profund Bull Fund Market Value
| BLPSX Fund | USD 56.95 0.23 0.40% |
| Symbol | Bull |
Bull Profund 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bull Profund's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bull Profund.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Bull Profund on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Bull Profund Bull or generate 0.0% return on investment in Bull Profund over 720 days. Bull Profund is related to or competes with Short Real, Short Real, Ultrashort Mid, Ultrashort Mid, Large Cap, Profunds Large, and Bear Profund. The fund invests in financial instruments that the fund Advisors believes, in combination, should track the performance ... More
Bull Profund Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bull Profund's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bull Profund Bull upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6485 | |||
| Information Ratio | 0.0548 | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 0.9101 |
Bull Profund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bull Profund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bull Profund's standard deviation. In reality, there are many statistical measures that can use Bull Profund historical prices to predict the future Bull Profund's volatility.| Risk Adjusted Performance | 0.1129 | |||
| Jensen Alpha | 0.0524 | |||
| Total Risk Alpha | 0.0413 | |||
| Sortino Ratio | 0.056 | |||
| Treynor Ratio | 0.1303 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bull Profund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bull Profund Bull Backtested Returns
At this stage we consider Bull Mutual Fund to be very steady. Bull Profund Bull secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bull Profund Bull, which you can use to evaluate the volatility of the entity. Please confirm Bull Profund's Downside Deviation of 0.6485, risk adjusted performance of 0.1129, and Mean Deviation of 0.4786 to double-check if the risk estimate we provide is consistent with the expected return of 0.0849%. The fund shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bull Profund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bull Profund is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Bull Profund Bull has good predictability. Overlapping area represents the amount of predictability between Bull Profund time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bull Profund Bull price movement. The serial correlation of 0.78 indicates that around 78.0% of current Bull Profund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 9.77 |
Bull Profund Bull lagged returns against current returns
Autocorrelation, which is Bull Profund mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bull Profund's mutual fund expected returns. We can calculate the autocorrelation of Bull Profund returns to help us make a trade decision. For example, suppose you find that Bull Profund has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bull Profund regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bull Profund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bull Profund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bull Profund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Bull Profund Lagged Returns
When evaluating Bull Profund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bull Profund mutual fund have on its future price. Bull Profund autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bull Profund autocorrelation shows the relationship between Bull Profund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Bull Profund Bull.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Bull Mutual Fund
Bull Profund financial ratios help investors to determine whether Bull 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 Bull with respect to the benefits of owning Bull Profund security.
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