Ultrashort China Profund Fund Price on December 10, 2024
| UHPSX Fund | USD 3.84 0.05 1.32% |
Below is the normalized historical share price chart for Ultrashort China Profund extending back to February 05, 2008. 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 Ultrashort China stands at 3.84, as last reported on the 9th of January, with the highest price reaching 3.84 and the lowest price hitting 3.84 during the day.
If you're considering investing in Ultrashort Mutual Fund, it is important to understand the factors that can impact its price. Ultrashort China appears to be risky, given 3 months investment horizon. Ultrashort China Profund 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. By inspecting Ultrashort China's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Ultrashort China's Coefficient Of Variation of 917.22, semi deviation of 4.59, and Risk Adjusted Performance of 0.0953 to confirm if our risk estimates are consistent with your expectations.
Ultrashort Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultrashort |
Sharpe Ratio = 0.1031
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.89 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ultrashort China is performing at about 8% 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 China by adding it to a well-diversified portfolio.
Ultrashort China Valuation on December 10, 2024
It is possible to determine the worth of Ultrashort China on a given historical date. On December 10, 2024 Ultrashort was worth 3.76 at the beginning of the trading date compared to the closed value of 3.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultrashort China mutual fund. Still, in general, we apply an absolute valuation method to find Ultrashort China'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 Ultrashort China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultrashort China's related companies.
| Open | High | Low | Close | Volume | |
| 3.45 | 3.45 | 3.45 | 3.45 | 1.00 | |
12/10/2024 | 3.76 | 3.76 | 3.76 | 3.76 | 1.00 |
| 3.85 | 3.85 | 3.85 | 3.85 | 1.00 |
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Ultrashort China Trading Date Momentum on December 10, 2024
| On December 11 2024 Ultrashort China Profund was traded for 3.85 at the closing time. The highest daily price throughout the period was 3.85 and the lowest price was 3.85 . There was no trading activity during the period 1.0. Lack of trading volume on 12/11/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 2.39% . The trading price change to current closing price is 10.64% . |
Ultrashort China Profund Fundamentals Correlations and Trends
By evaluating Ultrashort China'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 Ultrashort China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultrashort financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultrashort China Mutual Fund history
Ultrashort China 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 Ultrashort is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultrashort China 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 Ultrashort China stock prices may prove useful in developing a viable investing in Ultrashort China
The fund invests in financial instruments that the fund 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 China and that have a level II or III ADR program, New York Shares or Global Registered Shares listed with the New York Stock Exchange or Nasdaq. It is non-diversified.
Ultrashort China Mutual Fund Technical Analysis
Ultrashort China 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
Ultrashort China Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Ultrashort China 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.
Ultrashort China January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Ultrashort China 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 Ultrashort China shares will generate the highest return on investment. By undertsting and applying Ultrashort China mutual fund market strength indicators, traders can identify Ultrashort China Profund entry and exit signals to maximize returns
Ultrashort China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultrashort China's price direction in advance. Along with the technical and fundamental analysis of Ultrashort Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultrashort 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 | 0.0953 | |||
| Jensen Alpha | 0.5381 | |||
| Total Risk Alpha | 0.4214 | |||
| Sortino Ratio | 0.1003 | |||
| Treynor Ratio | (1.20) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Ultrashort Mutual Fund
Ultrashort China 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 China security.
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