Short Nasdaq 100 Profund Fund Price on December 26, 2024
| SOPSX Fund | USD 38.19 0.06 0.16% |
Below is the normalized historical share price chart for Short Nasdaq 100 Profund extending back to May 08, 2002. 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 Short Nasdaq stands at 38.19, as last reported on the 27th of December, with the highest price reaching 38.19 and the lowest price hitting 38.19 during the day.
If you're considering investing in Short Mutual Fund, it is important to understand the factors that can impact its price. Short Nasdaq 100 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the fund had a -0.1% return per unit of risk over the last 3 months. Short Nasdaq 100 Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Short Nasdaq's Variance of 1.14, risk adjusted performance of (0.09), and Coefficient Of Variation of (867.41) to confirm the risk estimate we provide.
Short Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Short |
Sharpe Ratio = -0.1038
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| Negative Returns | SOPSX |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Short Nasdaq is not performing at its full potential. However, 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 Short Nasdaq by adding Short Nasdaq to a well-diversified portfolio.
Short Nasdaq Valuation on December 26, 2024
It is possible to determine the worth of Short Nasdaq on a given historical date. On December 26, 2024 Short was worth 38.19 at the beginning of the trading date compared to the closed value of 38.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Short Nasdaq mutual fund. Still, in general, we apply an absolute valuation method to find Short Nasdaq'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 Short Nasdaq where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Short Nasdaq's related companies.
| Open | High | Low | Close | Volume | |
| 38.13 | 38.13 | 38.13 | 38.13 | 1.00 | |
12/26/2024 | 38.19 | 38.19 | 38.19 | 38.19 | 1.00 |
| Backtest Short Nasdaq | | | Short Nasdaq History | | | Short Nasdaq Valuation | Previous |
Short Nasdaq Trading Date Momentum on December 26, 2024
| On December 26 2024 Short Nasdaq 100 Profund was traded for 38.19 at the closing time. The highest daily price throughout the period was 38.19 and the lowest price was 38.19 . There was no trading activity during the period 1.0. Lack of trading volume on 12/26/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Short Nasdaq 100 Fundamentals Correlations and Trends
By evaluating Short Nasdaq'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 Short Nasdaq's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Short financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Short Nasdaq Mutual Fund history
Short Nasdaq 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 Short is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Short Nasdaq 100 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 Short Nasdaq stock prices may prove useful in developing a viable investing in Short Nasdaq
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 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.
Short Nasdaq Mutual Fund Technical Analysis
Short Nasdaq 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
Short Nasdaq Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Short Nasdaq 100 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.
Short Nasdaq December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Short Nasdaq 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 Short Nasdaq shares will generate the highest return on investment. By undertsting and applying Short Nasdaq mutual fund market strength indicators, traders can identify Short Nasdaq 100 Profund entry and exit signals to maximize returns
Short Nasdaq Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Short Nasdaq's price direction in advance. Along with the technical and fundamental analysis of Short Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Short 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 | (0.09) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (4.24) |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Short Mutual Fund
Short Nasdaq financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Nasdaq security.
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