Ultrabear Profund Ultrabear Fund Market Value
| URPIX Fund | USD 9.80 0.10 1.01% |
| Symbol | Ultrabear |
Ultrabear 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 Ultrabear 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 Ultrabear Profund.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Ultrabear Profund on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Ultrabear Profund Ultrabear or generate 0.0% return on investment in Ultrabear Profund over 30 days. Ultrabear Profund is related to or competes with Rational Defensive, Upright Growth, Mid Cap, Eip Growth, T Rowe, and Qs Growth. The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse of the... More
Ultrabear 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 Ultrabear 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 Ultrabear Profund Ultrabear upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.44 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 2.25 |
Ultrabear Profund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrabear Profund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultrabear Profund's standard deviation. In reality, there are many statistical measures that can use Ultrabear Profund historical prices to predict the future Ultrabear Profund's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.2669 |
Ultrabear Profund Backtested Returns
Ultrabear Profund owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0582, which indicates the fund had a -0.0582% return per unit of risk over the last 3 months. Ultrabear Profund Ultrabear exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ultrabear Profund's Variance of 2.61, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,719) to confirm the risk estimate we provide. The entity has a beta of -0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ultrabear Profund are expected to decrease at a much lower rate. During the bear market, Ultrabear Profund is likely to outperform the market.
Auto-correlation | -0.46 |
Modest reverse predictability
Ultrabear Profund Ultrabear has modest reverse predictability. Overlapping area represents the amount of predictability between Ultrabear Profund time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Ultrabear Profund price movement. The serial correlation of -0.46 indicates that about 46.0% of current Ultrabear Profund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ultrabear Profund lagged returns against current returns
Autocorrelation, which is Ultrabear 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 Ultrabear Profund's mutual fund expected returns. We can calculate the autocorrelation of Ultrabear Profund returns to help us make a trade decision. For example, suppose you find that Ultrabear 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 |
Ultrabear 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 Ultrabear Profund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ultrabear 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 Ultrabear Profund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ultrabear Profund Lagged Returns
When evaluating Ultrabear Profund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ultrabear Profund mutual fund have on its future price. Ultrabear 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, Ultrabear Profund autocorrelation shows the relationship between Ultrabear Profund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ultrabear Profund Ultrabear.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Ultrabear Mutual Fund
Ultrabear Profund financial ratios help investors to determine whether Ultrabear 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 Ultrabear with respect to the benefits of owning Ultrabear Profund security.
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