Nasdaq 100 Profund Nasdaq 100 Fund Market Value

OTPIX Fund  USD 44.42  0.71  1.62%   
Nasdaq-100 Profund's market value is the price at which a share of Nasdaq-100 Profund trades on a public exchange. It measures the collective expectations of Nasdaq 100 Profund Nasdaq 100 investors about its performance. Nasdaq-100 Profund is trading at 44.42 as of the 1st of March 2025; that is 1.62 percent up since the beginning of the trading day. The fund's open price was 43.71.
With this module, you can estimate the performance of a buy and hold strategy of Nasdaq 100 Profund Nasdaq 100 and determine expected loss or profit from investing in Nasdaq-100 Profund over a given investment horizon. Check out Nasdaq-100 Profund Correlation, Nasdaq-100 Profund Volatility and Nasdaq-100 Profund Alpha and Beta module to complement your research on Nasdaq-100 Profund.
Symbol

Please note, there is a significant difference between Nasdaq-100 Profund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nasdaq-100 Profund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nasdaq-100 Profund'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.

Nasdaq-100 Profund '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 Nasdaq-100 Profund'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 Nasdaq-100 Profund.
0.00
01/30/2025
No Change 0.00  0.0 
In 31 days
03/01/2025
0.00
If you would invest  0.00  in Nasdaq-100 Profund on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Nasdaq 100 Profund Nasdaq 100 or generate 0.0% return on investment in Nasdaq-100 Profund over 30 days. Nasdaq-100 Profund is related to or competes with Bull Profund, Small-cap Profund, Mid-cap Profund, Small-cap Growth, and Mid Cap. The fund invests in financial instruments that the fund Advisors believes, in combination, should track the performance ... More

Nasdaq-100 Profund 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 Nasdaq-100 Profund'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 Nasdaq 100 Profund Nasdaq 100 upside and downside potential and time the market with a certain degree of confidence.

Nasdaq-100 Profund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nasdaq-100 Profund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nasdaq-100 Profund's standard deviation. In reality, there are many statistical measures that can use Nasdaq-100 Profund historical prices to predict the future Nasdaq-100 Profund's volatility.
Hype
Prediction
LowEstimatedHigh
43.1944.4245.65
Details
Intrinsic
Valuation
LowRealHigh
43.4544.6845.91
Details
Naive
Forecast
LowNextHigh
41.9243.1644.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.5244.6745.82
Details

Nasdaq 100 Profund Backtested Returns

Nasdaq 100 Profund has Sharpe Ratio of -0.0153, which conveys that the entity had a -0.0153 % return per unit of risk over the last 3 months. Nasdaq-100 Profund exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nasdaq-100 Profund's Downside Deviation of 1.35, risk adjusted performance of 0.0116, and Mean Deviation of 0.9238 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nasdaq-100 Profund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nasdaq-100 Profund is expected to be smaller as well.

Auto-correlation

    
  -0.67  

Very good reverse predictability

Nasdaq 100 Profund Nasdaq 100 has very good reverse predictability. Overlapping area represents the amount of predictability between Nasdaq-100 Profund time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Nasdaq 100 Profund price movement. The serial correlation of -0.67 indicates that around 67.0% of current Nasdaq-100 Profund price fluctuation can be explain by its past prices.
Correlation Coefficient-0.67
Spearman Rank Test-0.84
Residual Average0.0
Price Variance1.46

Nasdaq 100 Profund lagged returns against current returns

Autocorrelation, which is Nasdaq-100 Profund 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 Nasdaq-100 Profund's mutual fund expected returns. We can calculate the autocorrelation of Nasdaq-100 Profund returns to help us make a trade decision. For example, suppose you find that Nasdaq-100 Profund 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  

Nasdaq-100 Profund 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 Nasdaq-100 Profund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nasdaq-100 Profund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nasdaq-100 Profund mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Nasdaq-100 Profund Lagged Returns

When evaluating Nasdaq-100 Profund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nasdaq-100 Profund mutual fund have on its future price. Nasdaq-100 Profund 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, Nasdaq-100 Profund autocorrelation shows the relationship between Nasdaq-100 Profund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nasdaq 100 Profund Nasdaq 100.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Nasdaq-100 Mutual Fund

Nasdaq-100 Profund financial ratios help investors to determine whether Nasdaq-100 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 Nasdaq-100 with respect to the benefits of owning Nasdaq-100 Profund security.
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