Financials Ultrasector Profund Fund Market Value

FNPIX Fund  USD 39.98  1.38  3.34%   
Financials Ultrasector's market value is the price at which a share of Financials Ultrasector trades on a public exchange. It measures the collective expectations of Financials Ultrasector Profund investors about its performance. Financials Ultrasector is trading at 39.98 as of the 16th of March 2025; that is 3.34 percent down since the beginning of the trading day. The fund's open price was 41.36.
With this module, you can estimate the performance of a buy and hold strategy of Financials Ultrasector Profund and determine expected loss or profit from investing in Financials Ultrasector over a given investment horizon. Check out Financials Ultrasector Correlation, Financials Ultrasector Volatility and Financials Ultrasector Alpha and Beta module to complement your research on Financials Ultrasector.
Symbol

Please note, there is a significant difference between Financials Ultrasector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Financials Ultrasector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Financials Ultrasector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Financials Ultrasector 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Financials Ultrasector's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Financials Ultrasector.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Financials Ultrasector on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Financials Ultrasector Profund or generate 0.0% return on investment in Financials Ultrasector over 90 days. Financials Ultrasector is related to or competes with Nationwide Government, Calvert Bond, Versatile Bond, Gmo Core, Siit Ultra, Ashmore Emerging, and Intermediate-term. The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns ... More

Financials Ultrasector Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Financials Ultrasector's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Financials Ultrasector Profund upside and downside potential and time the market with a certain degree of confidence.

Financials Ultrasector Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Financials Ultrasector's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financials Ultrasector's standard deviation. In reality, there are many statistical measures that can use Financials Ultrasector historical prices to predict the future Financials Ultrasector's volatility.
Hype
Prediction
LowEstimatedHigh
38.2139.9841.75
Details
Intrinsic
Valuation
LowRealHigh
35.6837.4543.98
Details
Naive
Forecast
LowNextHigh
37.6539.4341.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.0343.0647.10
Details

Financials Ultrasector Backtested Returns

Financials Ultrasector secures Sharpe Ratio (or Efficiency) of -0.0696, which denotes the fund had a -0.0696 % return per unit of risk over the last 3 months. Financials Ultrasector Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Financials Ultrasector's Mean Deviation of 1.17, standard deviation of 1.62, and Variance of 2.62 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.096, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Financials Ultrasector are expected to decrease at a much lower rate. During the bear market, Financials Ultrasector is likely to outperform the market.

Auto-correlation

    
  -0.73  

Almost perfect reverse predictability

Financials Ultrasector Profund has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Financials Ultrasector time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Financials Ultrasector price movement. The serial correlation of -0.73 indicates that around 73.0% of current Financials Ultrasector price fluctuation can be explain by its past prices.
Correlation Coefficient-0.73
Spearman Rank Test-0.22
Residual Average0.0
Price Variance3.62

Financials Ultrasector lagged returns against current returns

Autocorrelation, which is Financials Ultrasector mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Financials Ultrasector's mutual fund expected returns. We can calculate the autocorrelation of Financials Ultrasector returns to help us make a trade decision. For example, suppose you find that Financials Ultrasector has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Financials Ultrasector regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Financials Ultrasector mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financials Ultrasector mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financials Ultrasector mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Financials Ultrasector Lagged Returns

When evaluating Financials Ultrasector's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financials Ultrasector mutual fund have on its future price. Financials Ultrasector autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Financials Ultrasector autocorrelation shows the relationship between Financials Ultrasector mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Financials Ultrasector Profund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Financials Mutual Fund

Financials Ultrasector financial ratios help investors to determine whether Financials 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 Financials with respect to the benefits of owning Financials Ultrasector security.
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