Technology Ultrasector Profund Fund Manager Performance Evaluation
| TEPIX Fund | USD 40.08 0.85 2.08% |
The entity has a beta of 1.65, 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, Technology Ultrasector will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Technology Ultrasector Profund are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Technology Ultrasector showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 1.5800 |
Technology |
Technology Ultrasector Relative Risk vs. Return Landscape
If you would invest 3,508 in Technology Ultrasector Profund on September 2, 2024 and sell it today you would earn a total of 500.00 from holding Technology Ultrasector Profund or generate 14.25% return on investment over 90 days. Technology Ultrasector Profund is currently producing 0.2255% returns and takes up 1.8638% volatility of returns over 90 trading days. Put another way, 16% of traded mutual funds are less volatile than Technology, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Technology Ultrasector Current Valuation
Fairly Valued
Today
Please note that Technology Ultrasector's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Technology Ultrasector has a current Real Value of $39.47 per share. The regular price of the fund is $40.08. We determine the value of Technology Ultrasector from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Technology Ultrasector is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Technology Mutual Fund. However, Technology Ultrasector's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 40.08 | Real 39.47 | Hype 40.08 | Naive 40.19 |
The intrinsic value of Technology Ultrasector's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Technology Ultrasector's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Technology Ultrasector Profund helps investors to forecast how Technology mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Technology Ultrasector more accurately as focusing exclusively on Technology Ultrasector's fundamentals will not take into account other important factors: Technology Ultrasector Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Technology Ultrasector's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Technology Ultrasector Profund, and traders can use it to determine the average amount a Technology Ultrasector's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.121
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TEPIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Technology Ultrasector is performing at about 9% of its full potential. 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 Technology Ultrasector by adding it to a well-diversified portfolio.
Technology Ultrasector Fundamentals Growth
Technology Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Technology Ultrasector, and Technology Ultrasector fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Technology Mutual Fund performance.
| Price To Earning | 2.02 X | ||||
| Price To Book | 3.83 X | ||||
| Price To Sales | 2.89 X | ||||
| Total Asset | 75.04 M | ||||
About Technology Ultrasector Performance
Evaluating Technology Ultrasector's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Technology Ultrasector has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Technology Ultrasector has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes equity securities of companies from the following GICS industries IT services software communications equipment technology, hardware, storage peripherals electronic equipment, instruments, components and semiconductors semiconductor equipment. The fund is non-diversified.Things to note about Technology Ultrasector performance evaluation
Checking the ongoing alerts about Technology Ultrasector for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Technology Ultrasector help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 19.11% of its assets in cash |
- Analyzing Technology Ultrasector's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Technology Ultrasector's stock is overvalued or undervalued compared to its peers.
- Examining Technology Ultrasector's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Technology Ultrasector's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Technology Ultrasector's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Technology Ultrasector's mutual fund. These opinions can provide insight into Technology Ultrasector's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Technology Mutual Fund
Technology Ultrasector financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Ultrasector security.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |