Ultra Nasdaq 100 Profunds Fund Price on November 5, 2024
| UOPIX Fund | USD 116.54 0.41 0.35% |
Below is the normalized historical share price chart for Ultra Nasdaq 100 Profunds extending back to March 11, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ultra Nasdaq-100 stands at 116.54, as last reported on the 14th of November 2024, with the highest price reaching 116.54 and the lowest price hitting 116.54 during the day.
If you're considering investing in Ultra Mutual Fund, it is important to understand the factors that can impact its price. Ultra Nasdaq-100 appears to be very steady, given 3 months investment horizon. Ultra Nasdaq 100 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ultra Nasdaq 100 Profunds, which you can use to evaluate the volatility of the fund. Please review Ultra Nasdaq-100's Semi Deviation of 2.01, coefficient of variation of 745.59, and Risk Adjusted Performance of 0.1088 to confirm if our risk estimates are consistent with your expectations.
Ultra Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultra |
Sharpe Ratio = 0.1044
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ultra Nasdaq-100 is performing at about 8% 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 Ultra Nasdaq-100 by adding it to a well-diversified portfolio.
Ultra Nasdaq-100 Valuation on November 5, 2024
It is possible to determine the worth of Ultra Nasdaq-100 on a given historical date. On November 5, 2024 Ultra was worth 107.59 at the beginning of the trading date compared to the closed value of 107.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultra Nasdaq-100 mutual fund. Still, in general, we apply an absolute valuation method to find Ultra Nasdaq-100's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ultra Nasdaq-100 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultra Nasdaq-100's related companies.
| Open | High | Low | Close | Volume | |
| 104.85 | 104.85 | 104.85 | 104.85 | 1.00 | |
11/05/2024 | 107.59 | 107.59 | 107.59 | 107.59 | 1.00 |
| 113.44 | 113.44 | 113.44 | 113.44 | 1.00 |
| Backtest Ultra Nasdaq-100 | | | Ultra Nasdaq-100 History | | | Ultra Nasdaq-100 Valuation | Previous | Next |
Ultra Nasdaq-100 Trading Date Momentum on November 5, 2024
| On November 06 2024 Ultra Nasdaq 100 Profunds was traded for 113.44 at the closing time. The highest daily price throughout the period was 113.44 and the lowest price was 113.44 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 5.44% . The trading price change to current closing price is 8.32% . |
Ultra Nasdaq 100 Fundamentals Correlations and Trends
By evaluating Ultra Nasdaq-100's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ultra Nasdaq-100's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultra Nasdaq-100 Mutual Fund history
Ultra Nasdaq-100 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ultra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultra Nasdaq 100 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ultra Nasdaq-100 stock prices may prove useful in developing a viable investing in Ultra Nasdaq-100
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.
Ultra Nasdaq-100 Mutual Fund Technical Analysis
Ultra Nasdaq-100 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.
Price Boundaries
Ultra Nasdaq-100 Period Price Range
Low | November 14, 2024
| High |
0.00 | 0.00 |
Ultra Nasdaq 100 Profunds cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ultra Nasdaq-100 November 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultra Nasdaq-100 mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultra Nasdaq-100 shares will generate the highest return on investment. By undertsting and applying Ultra Nasdaq-100 mutual fund market strength indicators, traders can identify Ultra Nasdaq 100 Profunds entry and exit signals to maximize returns
Ultra Nasdaq-100 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultra Nasdaq-100's price direction in advance. Along with the technical and fundamental analysis of Ultra Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1088 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0575 | |||
| Treynor Ratio | 0.1391 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Ultra Mutual Fund
Ultra Nasdaq-100 financial ratios help investors to determine whether Ultra 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 Ultra with respect to the benefits of owning Ultra Nasdaq-100 security.
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