Ultrajapan Profund Ultrajapan Fund Market Value
| UJPSX Fund | USD 40.20 1.15 2.94% |
| Symbol | Ultrajapan |
Ultrajapan 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 Ultrajapan 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 Ultrajapan Profund.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Ultrajapan Profund on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Ultrajapan Profund Ultrajapan or generate 0.0% return on investment in Ultrajapan Profund over 180 days. Ultrajapan Profund is related to or competes with Short Real, Short Real, Ultrashort Mid, Ultrashort Mid, Technology Ultrasector, Technology Ultrasector, and Large Cap. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns ... More
Ultrajapan 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 Ultrajapan 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 Ultrajapan Profund Ultrajapan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.0 | |||
| Information Ratio | 0.033 | |||
| Maximum Drawdown | 15.89 | |||
| Value At Risk | (4.85) | |||
| Potential Upside | 4.27 |
Ultrajapan Profund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrajapan Profund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultrajapan Profund's standard deviation. In reality, there are many statistical measures that can use Ultrajapan Profund historical prices to predict the future Ultrajapan Profund's volatility.| Risk Adjusted Performance | 0.0425 | |||
| Jensen Alpha | 0.0771 | |||
| Total Risk Alpha | 0.0362 | |||
| Sortino Ratio | 0.0308 | |||
| Treynor Ratio | 0.068 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ultrajapan 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.
Ultrajapan Profund Backtested Returns
At this stage we consider Ultrajapan Mutual Fund to be very steady. Ultrajapan Profund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0286, which indicates the fund had a 0.0286% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ultrajapan Profund Ultrajapan, which you can use to evaluate the volatility of the fund. Please validate Ultrajapan Profund's Semi Deviation of 2.67, risk adjusted performance of 0.0425, and Coefficient Of Variation of 2244.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.0801%. The entity has a beta of 1.68, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ultrajapan Profund will likely underperform.
Auto-correlation | -0.02 |
Very weak reverse predictability
Ultrajapan Profund Ultrajapan has very weak reverse predictability. Overlapping area represents the amount of predictability between Ultrajapan Profund time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Ultrajapan Profund price movement. The serial correlation of -0.02 indicates that only 2.0% of current Ultrajapan Profund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 1.77 |
Ultrajapan Profund lagged returns against current returns
Autocorrelation, which is Ultrajapan 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 Ultrajapan Profund's mutual fund expected returns. We can calculate the autocorrelation of Ultrajapan Profund returns to help us make a trade decision. For example, suppose you find that Ultrajapan 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 |
Ultrajapan 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 Ultrajapan Profund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ultrajapan 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 Ultrajapan Profund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ultrajapan Profund Lagged Returns
When evaluating Ultrajapan Profund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ultrajapan Profund mutual fund have on its future price. Ultrajapan 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, Ultrajapan Profund autocorrelation shows the relationship between Ultrajapan Profund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ultrajapan Profund Ultrajapan.
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 Ultrajapan Mutual Fund
Ultrajapan Profund financial ratios help investors to determine whether Ultrajapan 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 Ultrajapan with respect to the benefits of owning Ultrajapan Profund security.
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