Ultrashort Dow 30 Fund Price on November 4, 2024
| UWPSX Fund | USD 10.93 0.53 5.10% |
Below is the normalized historical share price chart for Ultrashort Dow 30 extending back to August 11, 2004. 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 Dow stands at 10.93, as last reported on the 22nd of December, with the highest price reaching 10.93 and the lowest price hitting 10.93 during the day.
If you're considering investing in Ultrashort Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Ultrashort Mutual Fund to be not too volatile. Ultrashort Dow 30 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0042, which indicates the fund had a 0.0042% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ultrashort Dow 30, which you can use to evaluate the volatility of the fund. Please validate Ultrashort Dow's Semi Deviation of 1.7, risk adjusted performance of 0.0061, and Coefficient Of Variation of 67539.28 to confirm if the risk estimate we provide is consistent with the expected return of 0.0065%.
Ultrashort Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultrashort |
Sharpe Ratio = 0.0042
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| Negative Returns | UWPSX |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ultrashort Dow 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 Ultrashort Dow by adding Ultrashort Dow to a well-diversified portfolio.
Ultrashort Dow Valuation on November 4, 2024
It is possible to determine the worth of Ultrashort Dow on a given historical date. On November 4, 2024 Ultrashort was worth 11.25 at the beginning of the trading date compared to the closed value of 11.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultrashort Dow mutual fund. Still, in general, we apply an absolute valuation method to find Ultrashort Dow'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 Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultrashort Dow's related companies.
| Open | High | Low | Close | Volume | |
| 11.10 | 11.10 | 11.10 | 11.10 | 1.00 | |
11/04/2024 | 11.25 | 11.25 | 11.25 | 11.25 | 1.00 |
| 11.02 | 11.02 | 11.02 | 11.02 | 1.00 |
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Ultrashort Dow Trading Date Momentum on November 4, 2024
| On November 05 2024 Ultrashort Dow 30 was traded for 11.02 at the closing time. The highest daily price throughout the period was 11.02 and the lowest price was 11.02 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.04% . The trading price change to current closing price is 9.07% . |
Ultrashort Dow 30 Fundamentals Correlations and Trends
By evaluating Ultrashort Dow'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 Dow'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 Dow Mutual Fund history
Ultrashort Dow 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 Dow 30 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 Dow stock prices may prove useful in developing a viable investing in Ultrashort Dow
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 a price-weighted index and includes 30 large-cap, blue-chip U.S. stocks, excluding utility and transportation companies. The fund is non-diversified.
Ultrashort Dow Mutual Fund Technical Analysis
Ultrashort Dow 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 Dow Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Ultrashort Dow 30 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 Dow December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultrashort Dow 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 Dow shares will generate the highest return on investment. By undertsting and applying Ultrashort Dow mutual fund market strength indicators, traders can identify Ultrashort Dow 30 entry and exit signals to maximize returns
Ultrashort Dow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultrashort Dow'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 | 0.0061 | |||
| Jensen Alpha | 0.0348 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.004 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Ultrashort Mutual Fund
Ultrashort Dow 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 Dow security.
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