Biotechnology Ultrasector Profund Fund Price History

BIPIX Fund  USD 69.72  3.13  4.30%   
Below is the normalized historical share price chart for Biotechnology Ultrasector Profund extending back to August 04, 2000. 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 Biotechnology Ultrasector stands at 69.72, as last reported on the 13th of November 2024, with the highest price reaching 69.72 and the lowest price hitting 69.72 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Biotechnology Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Biotechnology Mutual Fund to be very steady. Biotechnology Ultrasector secures Sharpe Ratio (or Efficiency) of 0.0349, which signifies that the fund had a 0.0349% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Biotechnology Ultrasector Profund, which you can use to evaluate the volatility of the entity. Please confirm Biotechnology Ultrasector's Downside Deviation of 1.85, risk adjusted performance of 0.0503, and Mean Deviation of 1.38 to double-check if the risk estimate we provide is consistent with the expected return of 0.0638%.
  
Biotechnology Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0349

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Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Biotechnology Ultrasector is performing at about 2% 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 Biotechnology Ultrasector by adding it to a well-diversified portfolio.

Biotechnology Ultrasector Mutual Fund Price History Chart

There are several ways to analyze Biotechnology Ultrasector Profund Fund price data. The simplest method is using a basic Biotechnology candlestick price chart, which shows Biotechnology Ultrasector price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 8, 202473.53
Lowest PriceOctober 10, 202465.62

Biotechnology Ultrasector November 13, 2024 Mutual Fund Price Synopsis

Various analyses of Biotechnology Ultrasector's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Biotechnology Mutual Fund. It can be used to describe the percentage change in the price of Biotechnology Ultrasector from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Biotechnology Mutual Fund.
Biotechnology Ultrasector Price Rate Of Daily Change 0.96 
Biotechnology Ultrasector Price Action Indicator(1.56)

Biotechnology Ultrasector November 13, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Biotechnology Ultrasector Profund Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Biotechnology Ultrasector intraday prices and daily technical indicators to check the level of noise trading in Biotechnology Ultrasector Profund Fund and then apply it to test your longer-term investment strategies against Biotechnology.

Biotechnology Mutual Fund Price History Data

The price series of Biotechnology Ultrasector for the period between Thu, Aug 15, 2024 and Wed, Nov 13, 2024 has a statistical range of 7.91 with a coefficient of variation of 2.97. The prices are distributed with arithmetic mean of 68.78. The median price for the last 90 days is 68.43. The company issued dividends on 12/23/2019.
OpenHighLowCloseVolume
11/12/2024 69.72  69.72  69.72  69.72  1.00 
11/11/2024 72.85  72.85  72.85  72.85  1.00 
11/08/2024 73.53  73.53  73.53  73.53  1.00 
11/07/2024 72.34  72.34  72.34  72.34  1.00 
11/06/2024 71.80  71.80  71.80  71.80  1.00 
11/05/2024 69.90  69.90  69.90  69.90  1.00 
11/04/2024 68.42  68.42  68.42  68.42  1.00 
11/01/2024 68.57  68.57  68.57  68.57  1.00 
10/31/2024 66.22  66.22  66.22  66.22  1.00 
10/30/2024 67.65  67.65  67.65  67.65  1.00 
10/29/2024 67.88  67.88  67.88  67.88  1.00 
10/28/2024 67.84  67.84  67.84  67.84  1.00 
10/25/2024 66.43  66.43  66.43  66.43  1.00 
10/24/2024 66.55  66.55  66.55  66.55  1.00 
10/23/2024 66.00  66.00  66.00  66.00  1.00 
10/22/2024 67.61  67.61  67.61  67.61  1.00 
10/21/2024 67.52  67.52  67.52  67.52  1.00 
10/18/2024 69.24  69.24  69.24  69.24  1.00 
10/17/2024 68.77  68.77  68.77  68.77  1.00 
10/16/2024 69.75  69.75  69.75  69.75  1.00 
10/15/2024 68.74  68.74  68.74  68.74  1.00 
10/14/2024 68.49  68.49  68.49  68.49  1.00 
10/11/2024 68.19  68.19  68.19  68.19  1.00 
10/10/2024 65.62  65.62  65.62  65.62  1.00 
10/09/2024 65.73  65.73  65.73  65.73  1.00 
10/08/2024 66.56  66.56  66.56  66.56  1.00 
10/07/2024 65.77  65.77  65.77  65.77  1.00 
10/04/2024 67.03  67.03  67.03  67.03  1.00 
10/03/2024 66.11  66.11  66.11  66.11  1.00 
10/02/2024 67.63  67.63  67.63  67.63  1.00 
10/01/2024 67.50  67.50  67.50  67.50  1.00 
09/30/2024 68.43  68.43  68.43  68.43  1.00 
09/27/2024 68.00  68.00  68.00  68.00  1.00 
09/26/2024 67.73  67.73  67.73  67.73  1.00 
09/25/2024 67.33  67.33  67.33  67.33  1.00 
09/24/2024 68.34  68.34  68.34  68.34  1.00 
09/23/2024 68.81  68.81  68.81  68.81  1.00 
09/20/2024 71.34  71.34  71.34  71.34  1.00 
09/19/2024 72.23  72.23  72.23  72.23  1.00 
09/18/2024 70.51  70.51  70.51  70.51  1.00 
09/17/2024 70.66  70.66  70.66  70.66  1.00 
09/16/2024 71.01  71.01  71.01  71.01  1.00 
09/13/2024 71.05  71.05  71.05  71.05  1.00 
09/12/2024 68.80  68.80  68.80  68.80  1.00 
09/11/2024 68.63  68.63  68.63  68.63  1.00 
09/10/2024 67.81  67.81  67.81  67.81  1.00 
09/09/2024 67.64  67.64  67.64  67.64  1.00 
09/06/2024 66.16  66.16  66.16  66.16  1.00 
09/05/2024 67.84  67.84  67.84  67.84  1.00 
09/04/2024 68.28  68.28  68.28  68.28  1.00 
09/03/2024 68.46  68.46  68.46  68.46  1.00 
08/30/2024 71.30  71.30  71.30  71.30  1.00 
08/29/2024 70.89  70.89  70.89  70.89  1.00 
08/28/2024 70.46  70.46  70.46  70.46  1.00 
08/27/2024 71.08  71.08  71.08  71.08  1.00 
08/26/2024 71.72  71.72  71.72  71.72  1.00 
08/23/2024 71.56  71.56  71.56  71.56  1.00 
08/22/2024 70.09  70.09  70.09  70.09  1.00 
08/21/2024 71.93  71.93  71.93  71.93  1.00 
08/20/2024 70.84  70.84  70.84  70.84  1.00 
08/19/2024 70.95  70.95  70.95  70.95  1.00 

About Biotechnology Ultrasector Mutual Fund history

Biotechnology Ultrasector 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 Biotechnology is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biotechnology Ultrasector 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 Biotechnology Ultrasector stock prices may prove useful in developing a viable investing in Biotechnology Ultrasector
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index represents the biotechnology segment of the SP Total Market Index, which comprises the following sub-industry biotechnology. The fund is non-diversified.

Biotechnology Ultrasector Mutual Fund Technical Analysis

Biotechnology Ultrasector 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.
A focus of Biotechnology Ultrasector technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Biotechnology Ultrasector trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Biotechnology Ultrasector Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Biotechnology Ultrasector's price direction in advance. Along with the technical and fundamental analysis of Biotechnology Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biotechnology 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.

Other Information on Investing in Biotechnology Mutual Fund

Biotechnology Ultrasector financial ratios help investors to determine whether Biotechnology 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 Biotechnology with respect to the benefits of owning Biotechnology Ultrasector security.
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