Ultrashort China Profund Fund Manager Performance Evaluation
| UHPSX Fund | USD 3.79 0.02 0.53% |
The entity has a beta of -0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ultrashort China are expected to decrease at a much lower rate. During the bear market, Ultrashort China is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Ultrashort China Profund are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Ultrashort China showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 2.7800 |
Ultrashort |
Ultrashort China Relative Risk vs. Return Landscape
If you would invest 311.00 in Ultrashort China Profund on October 10, 2024 and sell it today you would earn a total of 68.00 from holding Ultrashort China Profund or generate 21.86% return on investment over 90 days. Ultrashort China Profund is currently producing 0.4463% returns and takes up 4.9058% volatility of returns over 90 trading days. Put another way, 43% of traded mutual funds are less volatile than Ultrashort, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ultrashort China Current Valuation
Overvalued
Today
Please note that Ultrashort China's price fluctuation is risky at this time. At this time, the fund appears to be overvalued. Ultrashort China Profund has a current Real Value of $3.49 per share. The regular price of the fund is $3.79. We determine the value of Ultrashort China Profund from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Ultrashort China is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ultrashort Mutual Fund. However, Ultrashort China's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 3.79 | Real 3.49 | Hype 3.79 |
The intrinsic value of Ultrashort China's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ultrashort China's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ultrashort China Profund helps investors to forecast how Ultrashort mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ultrashort China more accurately as focusing exclusively on Ultrashort China's fundamentals will not take into account other important factors: Ultrashort China Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrashort China's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ultrashort China Profund, and traders can use it to determine the average amount a Ultrashort China's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.091
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UHPSX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.91 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ultrashort China is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ultrashort China by adding it to a well-diversified portfolio.
Ultrashort China Fundamentals Growth
Ultrashort Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ultrashort China, and Ultrashort China fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ultrashort Mutual Fund performance.
| Total Asset | 2.32 M | ||||
About Ultrashort China Performance
Evaluating Ultrashort China's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ultrashort China has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ultrashort China has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to track the performance of a basket of companies that are domiciled in China and that have a level II or III ADR program, New York Shares or Global Registered Shares listed with the New York Stock Exchange or Nasdaq. It is non-diversified.Things to note about Ultrashort China Profund performance evaluation
Checking the ongoing alerts about Ultrashort China for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ultrashort China Profund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ultrashort China had very high historical volatility over the last 90 days | |
| This fund generated-28.0 ten year return of -28.0% | |
| Ultrashort China keeps about 94.01% of its net assets in cash |
- Analyzing Ultrashort China's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ultrashort China's stock is overvalued or undervalued compared to its peers.
- Examining Ultrashort China's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ultrashort China's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ultrashort China's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ultrashort China's mutual fund. These opinions can provide insight into Ultrashort China's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ultrashort Mutual Fund
Ultrashort China financial ratios help investors to determine whether Ultrashort 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 Ultrashort with respect to the benefits of owning Ultrashort China security.
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