Ultrashort Latin America Fund Manager Performance Evaluation
| UFPSX Fund | USD 42.60 0.94 2.26% |
The entity has a beta of -0.0213, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ultrashort Latin are expected to decrease at a much lower rate. During the bear market, Ultrashort Latin is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Ultrashort Latin America are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Ultrashort Latin showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 2.7800 |
Ultrashort |
Ultrashort Latin Relative Risk vs. Return Landscape
If you would invest 3,520 in Ultrashort Latin America on September 19, 2024 and sell it today you would earn a total of 740.00 from holding Ultrashort Latin America or generate 21.02% return on investment over 90 days. Ultrashort Latin America is currently producing 0.3247% returns and takes up 2.085% volatility of returns over 90 trading days. Put another way, 18% of traded mutual funds are less volatile than Ultrashort, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ultrashort Latin Current Valuation
Overvalued
Today
Please note that Ultrashort Latin's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Ultrashort Latin America has a current Real Value of $38.36 per share. The regular price of the fund is $42.6. We determine the value of Ultrashort Latin America 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 Ultrashort Latin is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ultrashort Mutual Fund. However, Ultrashort Latin'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 42.6 | Real 38.36 | Hype 42.6 |
The intrinsic value of Ultrashort Latin'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 Ultrashort Latin'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 Ultrashort Latin America helps investors to forecast how Ultrashort 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 Ultrashort Latin more accurately as focusing exclusively on Ultrashort Latin's fundamentals will not take into account other important factors: Ultrashort Latin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrashort Latin's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ultrashort Latin America, and traders can use it to determine the average amount a Ultrashort Latin'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 = 0.1557
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UFPSX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Ultrashort Latin is performing at about 12% 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 Ultrashort Latin by adding it to a well-diversified portfolio.
Ultrashort Latin Fundamentals Growth
Ultrashort Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ultrashort Latin, and Ultrashort Latin 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 Ultrashort Mutual Fund performance.
| Total Asset | 2.42 M | ||||
About Ultrashort Latin Performance
Evaluating Ultrashort Latin's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ultrashort Latin 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 Ultrashort Latin 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 ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to track the performance of a basket of companies that are domiciled in Latin America and who also have level II or III ADR program, New York Shares or Global Registered Shares listed with the NYSE or Nasdaq. It is non-diversified.Things to note about Ultrashort Latin America performance evaluation
Checking the ongoing alerts about Ultrashort Latin for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ultrashort Latin America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| This fund generated-13.0 ten year return of -13.0% | |
| Ultrashort Latin keeps about 105.44% of its net assets in cash |
- Analyzing Ultrashort Latin'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 Ultrashort Latin's stock is overvalued or undervalued compared to its peers.
- Examining Ultrashort Latin'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 Ultrashort Latin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ultrashort Latin's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ultrashort Latin's mutual fund. These opinions can provide insight into Ultrashort Latin's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ultrashort Mutual Fund
Ultrashort Latin financial ratios help investors to determine whether Ultrashort 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 Ultrashort with respect to the benefits of owning Ultrashort Latin security.
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