Ultrashort Small Cap Profund Fund Technical Analysis
| UCPIX Fund | USD 48.54 0.45 0.94% |
As of the 21st of December, Ultrashort Small has the Coefficient Of Variation of 7429378.64, semi deviation of 2.86, and Risk Adjusted Performance of 0.007. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ultrashort Small Cap, as well as the relationship between them.
Ultrashort Small Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ultrashort, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UltrashortUltrashort |
Ultrashort Small 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.
Ultrashort Small Cap Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Ultrashort Small Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ultrashort Small Cap Trend Analysis
Use this graph to draw trend lines for Ultrashort Small Cap Profund. You can use it to identify possible trend reversals for Ultrashort Small 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 Ultrashort Small price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ultrashort Small Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ultrashort Small Cap Profund applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that Ultrashort Small Cap Profund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 742.5, which is the sum of squared deviations for the predicted Ultrashort Small price change compared to its average price change.About Ultrashort Small 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 Ultrashort Small Cap 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 Ultrashort Small Cap Profund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ultrashort Small Cap price pattern first instead of the macroeconomic environment surrounding Ultrashort Small Cap. By analyzing Ultrashort Small'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 Ultrashort Small'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 Ultrashort Small specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ultrashort Small December 21, 2024 Technical Indicators
Most technical analysis of Ultrashort 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 Ultrashort from various momentum indicators to cycle indicators. When you analyze Ultrashort 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.007 | |||
| Market Risk Adjusted Performance | 0.0315 | |||
| Mean Deviation | 1.85 | |||
| Semi Deviation | 2.86 | |||
| Downside Deviation | 3.0 | |||
| Coefficient Of Variation | 7429378.64 | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.15 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0215 | |||
| Maximum Drawdown | 14.95 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 3.29 | |||
| Downside Variance | 9.0 | |||
| Semi Variance | 8.18 | |||
| Expected Short fall | (1.91) | |||
| Skewness | (0.85) | |||
| Kurtosis | 5.74 |
Ultrashort Small Cap One Year Return
Based on the recorded statements, Ultrashort Small Cap Profund has an One Year Return of -30.7742%. This is 158.94% lower than that of the ProFunds family and significantly lower than that of the Trading--Inverse Equity category. The one year return for all United States funds is notably higher than that of the company.
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 Ultrashort Mutual Fund
Ultrashort Small 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 Small security.
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