Ultrashort International Profund Fund Manager Performance Evaluation
| UXPIX Fund | USD 18.94 0.08 0.42% |
The entity has a beta of -0.0371, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ultrashort International are expected to decrease at a much lower rate. During the bear market, Ultrashort International is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Ultrashort International Profund are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Ultrashort International showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 1.7800 |
Ultrashort |
Ultrashort International Relative Risk vs. Return Landscape
If you would invest 1,578 in Ultrashort International Profund on September 20, 2024 and sell it today you would earn a total of 316.00 from holding Ultrashort International Profund or generate 20.03% return on investment over 90 days. Ultrashort International Profund is currently producing 0.2982% returns and takes up 1.6047% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than Ultrashort, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ultrashort International Current Valuation
Overvalued
Today
Please note that Ultrashort International's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Ultrashort International has a current Real Value of $16.98 per share. The regular price of the fund is $18.94. We determine the value of Ultrashort International 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 International is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ultrashort Mutual Fund. However, Ultrashort International'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 18.94 | Real 16.98 | Hype 18.86 |
The intrinsic value of Ultrashort International'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 International'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 International 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 International more accurately as focusing exclusively on Ultrashort International's fundamentals will not take into account other important factors: Ultrashort International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrashort International's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ultrashort International Profund, and traders can use it to determine the average amount a Ultrashort International'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 = 0.1859
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UXPIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ultrashort International is performing at about 14% 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 International by adding it to a well-diversified portfolio.
Ultrashort International Fundamentals Growth
Ultrashort Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ultrashort International, and Ultrashort International 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 | 2.47 M | ||||
About Ultrashort International Performance
Evaluating Ultrashort International's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ultrashort International 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 International 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 covers approximately 85 percent of the market capitalization in each industry group in developed market countries, excluding the U.S. and Canada. The fund is non-diversified.Things to note about Ultrashort International performance evaluation
Checking the ongoing alerts about Ultrashort International for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ultrashort International 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-20.0 ten year return of -20.0% | |
| Ultrashort International keeps about 98.06% of its net assets in cash |
- Analyzing Ultrashort International'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 International's stock is overvalued or undervalued compared to its peers.
- Examining Ultrashort International'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 International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ultrashort International's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ultrashort International's mutual fund. These opinions can provide insight into Ultrashort International's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ultrashort Mutual Fund
Ultrashort International 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 International security.
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