Semiconductor Ultrasector Profund Fund Technical Analysis
| SMPSX Fund | USD 31.31 0.69 2.16% |
As of the 29th of November, Semiconductor Ultrasector has the Coefficient Of Variation of 12031.03, semi deviation of 3.92, and Risk Adjusted Performance of 0.0143. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Semiconductor Ultrasector, as well as the relationship between them.
Semiconductor Ultrasector Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Semiconductor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SemiconductorSemiconductor |
Semiconductor 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.
Semiconductor Ultrasector Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Semiconductor Ultrasector volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Semiconductor Ultrasector Trend Analysis
Use this graph to draw trend lines for Semiconductor Ultrasector Profund. You can use it to identify possible trend reversals for Semiconductor Ultrasector as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Semiconductor Ultrasector price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Semiconductor Ultrasector Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Semiconductor Ultrasector Profund applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Semiconductor Ultrasector Profund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 445.25, which is the sum of squared deviations for the predicted Semiconductor Ultrasector price change compared to its average price change.About Semiconductor Ultrasector Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Semiconductor Ultrasector Profund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Semiconductor Ultrasector Profund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Semiconductor Ultrasector price pattern first instead of the macroeconomic environment surrounding Semiconductor Ultrasector. By analyzing Semiconductor Ultrasector's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Semiconductor Ultrasector's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Semiconductor Ultrasector specific price patterns or momentum indicators. Please read more on our technical analysis page.
Semiconductor Ultrasector November 29, 2024 Technical Indicators
Most technical analysis of Semiconductor help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Semiconductor from various momentum indicators to cycle indicators. When you analyze Semiconductor charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0143 | |||
| Market Risk Adjusted Performance | 0.0231 | |||
| Mean Deviation | 2.66 | |||
| Semi Deviation | 3.92 | |||
| Downside Deviation | 4.21 | |||
| Coefficient Of Variation | 12031.03 | |||
| Standard Deviation | 3.66 | |||
| Variance | 13.38 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0131 | |||
| Maximum Drawdown | 17.06 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 4.27 | |||
| Downside Variance | 17.71 | |||
| Semi Variance | 15.39 | |||
| Expected Short fall | (2.47) | |||
| Skewness | (0.43) | |||
| Kurtosis | 2.02 |
Semiconductor Ultrasector One Year Return
Based on the recorded statements, Semiconductor Ultrasector Profund has an One Year Return of 99%. This is 91.53% higher than that of the ProFunds family and 77.84% higher than that of the Trading--Leveraged Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Other Information on Investing in Semiconductor Mutual Fund
Semiconductor Ultrasector financial ratios help investors to determine whether Semiconductor 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 Semiconductor with respect to the benefits of owning Semiconductor Ultrasector security.
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