Banks Ultrasector Profund Fund Price on October 2, 2024
| BKPIX Fund | USD 59.72 0.51 0.86% |
Below is the normalized historical share price chart for Banks Ultrasector Profund extending back to September 19, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Banks Ultrasector stands at 59.72, as last reported on the 20th of December, with the highest price reaching 59.72 and the lowest price hitting 59.72 during the day.
If you're considering investing in Banks Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Banks Mutual Fund to be very steady. Banks Ultrasector Profund secures Sharpe Ratio (or Efficiency) of 0.034, which signifies that the fund had a 0.034% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Banks Ultrasector Profund, which you can use to evaluate the volatility of the entity. Please confirm Banks Ultrasector's Mean Deviation of 1.91, risk adjusted performance of 0.0387, and Downside Deviation of 2.32 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
Banks Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Banks |
Sharpe Ratio = 0.034
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| Cash | Small Risk | BKPIX | High Risk | Huge Risk |
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Banks Ultrasector is performing at about 2% 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 Banks Ultrasector by adding it to a well-diversified portfolio.
Banks Ultrasector Valuation on October 2, 2024
It is possible to determine the worth of Banks Ultrasector on a given historical date. On October 2, 2024 Banks was worth 54.33 at the beginning of the trading date compared to the closed value of 54.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banks Ultrasector mutual fund. Still, in general, we apply an absolute valuation method to find Banks Ultrasector's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Banks Ultrasector where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banks Ultrasector's related companies.
| Open | High | Low | Close | Volume | |
| 54.46 | 54.46 | 54.46 | 54.46 | 1.00 | |
10/02/2024 | 54.33 | 54.33 | 54.33 | 54.33 | 1.00 |
| 54.43 | 54.43 | 54.43 | 54.43 | 1.00 |
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Banks Ultrasector Trading Date Momentum on October 2, 2024
| On October 03 2024 Banks Ultrasector Profund was traded for 54.43 at the closing time. The highest daily price throughout the period was 54.43 and the lowest price was 54.43 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.18% . The overall trading delta to current closing price is 9.42% . |
Banks Ultrasector Profund Fundamentals Correlations and Trends
By evaluating Banks Ultrasector's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Banks Ultrasector's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Banks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Banks Ultrasector Mutual Fund history
Banks Ultrasector investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Banks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Banks Ultrasector Profund will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Banks Ultrasector stock prices may prove useful in developing a viable investing in Banks Ultrasector
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index represents the banks segment of the SP Total Market Index, which comprises the following sub-industries asset management custody banks, diversified banks, regional banks, diversified financial services and commercial residential mortgage finance. The fund is non-diversified.
Banks Ultrasector Mutual Fund Technical Analysis
Banks 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.
Price Boundaries
Banks Ultrasector Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Banks Ultrasector Profund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Banks Ultrasector December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Banks Ultrasector mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Banks Ultrasector shares will generate the highest return on investment. By undertsting and applying Banks Ultrasector mutual fund market strength indicators, traders can identify Banks Ultrasector Profund entry and exit signals to maximize returns
Banks Ultrasector Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Banks Ultrasector's price direction in advance. Along with the technical and fundamental analysis of Banks Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Banks to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0387 | |||
| Jensen Alpha | 0.1074 | |||
| Total Risk Alpha | 0.0209 | |||
| Sortino Ratio | 0.0388 | |||
| Treynor Ratio | 0.4396 |
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| Volume Indicators |
Other Information on Investing in Banks Mutual Fund
Banks Ultrasector financial ratios help investors to determine whether Banks 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 Banks with respect to the benefits of owning Banks Ultrasector security.
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