Profunds Ultrashort Nasdaq 100 Fund Manager Performance Evaluation
| USPIX Fund | USD 27.81 0.99 3.69% |
The fund holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Profunds Ultrashort's returns are expected to increase less than the market. However, during the bear market, the loss of holding Profunds Ultrashort is expected to be smaller as well.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Profunds Ultrashort Nasdaq 100 are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Profunds Ultrashort showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of November 2022 |
Profunds |
Profunds Ultrashort Relative Risk vs. Return Landscape
If you would invest 2,478 in Profunds Ultrashort Nasdaq 100 on December 28, 2024 and sell it today you would earn a total of 303.00 from holding Profunds Ultrashort Nasdaq 100 or generate 12.23% return on investment over 90 days. Profunds Ultrashort Nasdaq 100 is currently producing 0.2298% returns and takes up 2.7714% volatility of returns over 90 trading days. Put another way, 24% of traded mutual funds are less volatile than Profunds, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Profunds Ultrashort Current Valuation
Overvalued
Today
Please note that Profunds Ultrashort's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Profunds Ultrashort holds a recent Real Value of $25.27 per share. The prevailing price of the fund is $27.81. We determine the value of Profunds Ultrashort from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Profunds Ultrashort is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Profunds Mutual Fund. However, Profunds Ultrashort'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 27.81 | Real 25.27 | Hype 27.81 | Naive 25.42 |
The intrinsic value of Profunds Ultrashort'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 Profunds Ultrashort'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 Profunds Ultrashort Nasdaq 100 helps investors to forecast how Profunds 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 Profunds Ultrashort more accurately as focusing exclusively on Profunds Ultrashort's fundamentals will not take into account other important factors: Profunds Ultrashort Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Profunds Ultrashort's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Profunds Ultrashort Nasdaq 100, and traders can use it to determine the average amount a Profunds Ultrashort'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 = 0.0829
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | USPIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Profunds Ultrashort is performing at about 6% 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 Profunds Ultrashort by adding it to a well-diversified portfolio.
Profunds Ultrashort Fundamentals Growth
Profunds Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Profunds Ultrashort, and Profunds Ultrashort 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 Profunds Mutual Fund performance.
| Total Asset | 19.61 M | ||||
About Profunds Ultrashort Performance
Evaluating Profunds Ultrashort's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Profunds Ultrashort 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 Profunds Ultrashort 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 includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.Things to note about Profunds Ultrashort performance evaluation
Checking the ongoing alerts about Profunds Ultrashort for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Profunds Ultrashort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| This fund generated-37.0 ten year return of -37.0% | |
| Profunds Ultrashort keeps about 98.71% of its net assets in cash |
- Analyzing Profunds Ultrashort'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 Profunds Ultrashort's stock is overvalued or undervalued compared to its peers.
- Examining Profunds Ultrashort'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 Profunds Ultrashort's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Profunds Ultrashort's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Profunds Ultrashort's mutual fund. These opinions can provide insight into Profunds Ultrashort's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Profunds Mutual Fund
Profunds Ultrashort financial ratios help investors to determine whether Profunds 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 Profunds with respect to the benefits of owning Profunds Ultrashort security.
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