Short Nasdaq 100 Profund Fund Technical Analysis
| SOPIX Fund | USD 45.46 0.23 0.51% |
As of the 21st of December, Short Nasdaq has the Variance of 1.17, risk adjusted performance of (0.08), and Coefficient Of Variation of (976.40). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Short Nasdaq 100, as well as the relationship between them.
Short Nasdaq Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Short, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShortShort |
Short Nasdaq technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Short Nasdaq 100 Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Short Nasdaq 100 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Short Nasdaq 100 Trend Analysis
Use this graph to draw trend lines for Short Nasdaq 100 Profund. You can use it to identify possible trend reversals for Short Nasdaq as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Short Nasdaq price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Short Nasdaq Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Short Nasdaq 100 Profund applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Short Nasdaq 100 Profund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 127.87, which is the sum of squared deviations for the predicted Short Nasdaq price change compared to its average price change.About Short Nasdaq Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Short Nasdaq 100 Profund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Short Nasdaq 100 Profund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Short Nasdaq 100 price pattern first instead of the macroeconomic environment surrounding Short Nasdaq 100. By analyzing Short Nasdaq's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Short Nasdaq's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Short Nasdaq specific price patterns or momentum indicators. Please read more on our technical analysis page.
Short Nasdaq December 21, 2024 Technical Indicators
Most technical analysis of Short help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Short from various momentum indicators to cycle indicators. When you analyze Short charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (17.99) | |||
| Mean Deviation | 0.76 | |||
| Coefficient Of Variation | (976.40) | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.17 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (18.00) | |||
| Maximum Drawdown | 5.14 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.58 | |||
| Skewness | 0.5697 | |||
| Kurtosis | 2.05 |
Short Nasdaq 100 One Year Return
Based on the recorded statements, Short Nasdaq 100 Profund has an One Year Return of -20.7948%. This is 139.83% lower than that of the ProFunds family and significantly lower than that of the Trading--Inverse Equity category. The one year return for all United States funds is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Other Information on Investing in Short Mutual Fund
Short Nasdaq financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Nasdaq security.
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