Semiconductor Ultrasector Profund Fund Market Value

SMPSX Fund  USD 21.82  1.36  5.87%   
Semiconductor Ultrasector's market value is the price at which a share of Semiconductor Ultrasector trades on a public exchange. It measures the collective expectations of Semiconductor Ultrasector Profund investors about its performance. Semiconductor Ultrasector is trading at 21.82 as of the 15th of March 2025; that is 5.87 percent down since the beginning of the trading day. The fund's open price was 23.18.
With this module, you can estimate the performance of a buy and hold strategy of Semiconductor Ultrasector Profund and determine expected loss or profit from investing in Semiconductor Ultrasector over a given investment horizon. Check out Semiconductor Ultrasector Correlation, Semiconductor Ultrasector Volatility and Semiconductor Ultrasector Alpha and Beta module to complement your research on Semiconductor Ultrasector.
Symbol

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

Semiconductor 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 Semiconductor 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 Semiconductor Ultrasector.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Semiconductor Ultrasector on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Semiconductor Ultrasector Profund or generate 0.0% return on investment in Semiconductor Ultrasector over 90 days. Semiconductor Ultrasector is related to or competes with Allianzgi Nfj, Mutual Of, Blackrock Mid-cap, Nuveen Nwq, Boston Partners, Fidelity Small, and Foundry Partners. The fund invests in financial instruments that the adviser believes, in combination, should produce daily returns consis... More

Semiconductor 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 Semiconductor 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 Semiconductor Ultrasector Profund upside and downside potential and time the market with a certain degree of confidence.

Semiconductor Ultrasector Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Semiconductor Ultrasector's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Semiconductor Ultrasector's standard deviation. In reality, there are many statistical measures that can use Semiconductor Ultrasector historical prices to predict the future Semiconductor Ultrasector's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Semiconductor Ultrasector's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
15.8821.3426.80
Details
Intrinsic
Valuation
LowRealHigh
15.8221.2826.74
Details

Semiconductor Ultrasector Backtested Returns

Semiconductor Ultrasector owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the fund had a -0.11 % return per unit of risk over the last 3 months. Semiconductor Ultrasector Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Semiconductor Ultrasector's Coefficient Of Variation of (1,014), variance of 27.52, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of -0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Semiconductor Ultrasector are expected to decrease at a much lower rate. During the bear market, Semiconductor Ultrasector is likely to outperform the market.

Auto-correlation

    
  0.22  

Weak predictability

Semiconductor Ultrasector Profund has weak predictability. Overlapping area represents the amount of predictability between Semiconductor Ultrasector time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Semiconductor Ultrasector price movement. The serial correlation of 0.22 indicates that over 22.0% of current Semiconductor Ultrasector price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test0.32
Residual Average0.0
Price Variance6.37

Semiconductor Ultrasector lagged returns against current returns

Autocorrelation, which is Semiconductor 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 Semiconductor Ultrasector's mutual fund expected returns. We can calculate the autocorrelation of Semiconductor Ultrasector returns to help us make a trade decision. For example, suppose you find that Semiconductor 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   
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Semiconductor 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 Semiconductor Ultrasector mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Semiconductor 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 Semiconductor Ultrasector mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Semiconductor Ultrasector Lagged Returns

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

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Other Information on Investing in Semiconductor Mutual Fund

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