Utilities Ultrasector Profund Fund Market Value

UTPSX Fund  USD 65.44  0.26  0.40%   
Utilities Ultrasector's market value is the price at which a share of Utilities Ultrasector trades on a public exchange. It measures the collective expectations of Utilities Ultrasector Profund investors about its performance. Utilities Ultrasector is trading at 65.44 as of the 13th of March 2025; that is 0.40 percent up since the beginning of the trading day. The fund's open price was 65.18.
With this module, you can estimate the performance of a buy and hold strategy of Utilities Ultrasector Profund and determine expected loss or profit from investing in Utilities Ultrasector over a given investment horizon. Check out Utilities Ultrasector Correlation, Utilities Ultrasector Volatility and Utilities Ultrasector Alpha and Beta module to complement your research on Utilities Ultrasector.
Symbol

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

Utilities 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 Utilities 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 Utilities Ultrasector.
0.00
02/11/2025
No Change 0.00  0.0 
In 31 days
03/13/2025
0.00
If you would invest  0.00  in Utilities Ultrasector on February 11, 2025 and sell it all today you would earn a total of 0.00 from holding Utilities Ultrasector Profund or generate 0.0% return on investment in Utilities Ultrasector over 30 days. Utilities Ultrasector is related to or competes with Rational Dividend, Arrow Managed, and Iaadx. The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns c... More

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

Utilities Ultrasector Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Utilities Ultrasector's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Utilities Ultrasector's standard deviation. In reality, there are many statistical measures that can use Utilities Ultrasector historical prices to predict the future Utilities 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 Utilities 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
63.4865.1766.86
Details
Intrinsic
Valuation
LowRealHigh
63.6965.3867.07
Details

Utilities Ultrasector Backtested Returns

Utilities Ultrasector owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the fund had a close to zero % return per unit of risk over the last 3 months. Utilities Ultrasector Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Utilities Ultrasector's Variance of 2.86, coefficient of variation of (23,714), and Risk Adjusted Performance of 0.0016 to confirm the risk estimate we provide. The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Utilities Ultrasector's returns are expected to increase less than the market. However, during the bear market, the loss of holding Utilities Ultrasector is expected to be smaller as well.

Auto-correlation

    
  -0.7  

Very good reverse predictability

Utilities Ultrasector Profund has very good reverse predictability. Overlapping area represents the amount of predictability between Utilities Ultrasector time series from 11th of February 2025 to 26th of February 2025 and 26th of February 2025 to 13th 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 Utilities Ultrasector price movement. The serial correlation of -0.7 indicates that around 70.0% of current Utilities Ultrasector price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test-0.52
Residual Average0.0
Price Variance1.99

Utilities Ultrasector lagged returns against current returns

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

Utilities 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 Utilities Ultrasector mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Utilities 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 Utilities Ultrasector mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Utilities Ultrasector Lagged Returns

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

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Other Information on Investing in Utilities Mutual Fund

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