Ultranasdaq 100 Profund Ultranasdaq 100 Fund Market Value
| UOPSX Fund | USD 88.78 0.41 0.46% |
| Symbol | Ultranasdaq-100 |
Ultranasdaq-100 Profund 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ultranasdaq-100 Profund's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ultranasdaq-100 Profund.
| 04/25/2025 |
| 07/24/2025 |
If you would invest 0.00 in Ultranasdaq-100 Profund on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding Ultranasdaq 100 Profund Ultranasdaq 100 or generate 0.0% return on investment in Ultranasdaq-100 Profund over 90 days. Ultranasdaq-100 Profund is related to or competes with Ultra Nasdaq-100, Nasdaq-100(r), Nasdaq-100(r), Internet Ultrasector, and Nasdaq-100(r). The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns c... More
Ultranasdaq-100 Profund Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ultranasdaq-100 Profund's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ultranasdaq 100 Profund Ultranasdaq 100 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.1782 | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 3.12 |
Ultranasdaq-100 Profund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultranasdaq-100 Profund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultranasdaq-100 Profund's standard deviation. In reality, there are many statistical measures that can use Ultranasdaq-100 Profund historical prices to predict the future Ultranasdaq-100 Profund's volatility.| Risk Adjusted Performance | 0.2673 | |||
| Jensen Alpha | 0.6275 | |||
| Total Risk Alpha | 0.0524 | |||
| Sortino Ratio | 0.2254 | |||
| Treynor Ratio | (1.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ultranasdaq-100 Profund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ultranasdaq 100 Profund Backtested Returns
Ultranasdaq-100 Profund appears to be very steady, given 3 months investment horizon. Ultranasdaq 100 Profund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the fund had a 0.31 % return per unit of risk over the last 3 months. By inspecting Ultranasdaq-100 Profund's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Ultranasdaq-100 Profund's Risk Adjusted Performance of 0.2673, semi deviation of 0.8094, and Coefficient Of Variation of 317.62 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ultranasdaq-100 Profund are expected to decrease at a much lower rate. During the bear market, Ultranasdaq-100 Profund is likely to outperform the market.
Auto-correlation | 0.93 |
Excellent predictability
Ultranasdaq 100 Profund Ultranasdaq 100 has excellent predictability. Overlapping area represents the amount of predictability between Ultranasdaq-100 Profund time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ultranasdaq 100 Profund price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Ultranasdaq-100 Profund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 12.5 |
Ultranasdaq 100 Profund lagged returns against current returns
Autocorrelation, which is Ultranasdaq-100 Profund mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ultranasdaq-100 Profund's mutual fund expected returns. We can calculate the autocorrelation of Ultranasdaq-100 Profund returns to help us make a trade decision. For example, suppose you find that Ultranasdaq-100 Profund has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ultranasdaq-100 Profund regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ultranasdaq-100 Profund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ultranasdaq-100 Profund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ultranasdaq-100 Profund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ultranasdaq-100 Profund Lagged Returns
When evaluating Ultranasdaq-100 Profund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ultranasdaq-100 Profund mutual fund have on its future price. Ultranasdaq-100 Profund autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ultranasdaq-100 Profund autocorrelation shows the relationship between Ultranasdaq-100 Profund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ultranasdaq 100 Profund Ultranasdaq 100.
Regressed Prices |
| Timeline |
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| EGY | Vaalco Energy | |
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Other Information on Investing in Ultranasdaq-100 Mutual Fund
Ultranasdaq-100 Profund financial ratios help investors to determine whether Ultranasdaq-100 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 Ultranasdaq-100 with respect to the benefits of owning Ultranasdaq-100 Profund security.
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