Industrials Ultrasector Profund Fund Technical Analysis
| IDPIX Fund | USD 58.86 0.32 0.54% |
As of the 19th of April, Industrials Ultrasector retains the Risk Adjusted Performance of 0.1083, market risk adjusted performance of 0.1211, and Downside Deviation of 0.9526. Industrials Ultrasector technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Industrials Ultrasector, which can be compared to its competitors. Please check out Industrials Ultrasector mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Industrials Ultrasector is priced fairly, providing market reflects its last-minute price of 58.86 per share.
Industrials Ultrasector Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Industrials, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IndustrialsIndustrials |
Industrials 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.
Industrials Ultrasector Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Industrials Ultrasector volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Industrials Ultrasector Trend Analysis
Use this graph to draw trend lines for Industrials Ultrasector Profund. You can use it to identify possible trend reversals for Industrials Ultrasector 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 Industrials Ultrasector price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Industrials Ultrasector Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Industrials Ultrasector Profund applied against its price change over selected period. The best fit line has a slop of 0.13 , which means Industrials Ultrasector Profund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 633.89, which is the sum of squared deviations for the predicted Industrials Ultrasector price change compared to its average price change.About Industrials Ultrasector 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 Industrials Ultrasector 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 Industrials Ultrasector Profund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Industrials Ultrasector price pattern first instead of the macroeconomic environment surrounding Industrials Ultrasector. By analyzing Industrials Ultrasector'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 Industrials Ultrasector'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 Industrials Ultrasector specific price patterns or momentum indicators. Please read more on our technical analysis page.
Industrials Ultrasector April 19, 2024 Technical Indicators
Most technical analysis of Industrials 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 Industrials from various momentum indicators to cycle indicators. When you analyze Industrials 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.
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| Risk Adjusted Performance | 0.1083 | |||
| Market Risk Adjusted Performance | 0.1211 | |||
| Mean Deviation | 0.8777 | |||
| Semi Deviation | 0.7055 | |||
| Downside Deviation | 0.9526 | |||
| Coefficient Of Variation | 594.02 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.16 | |||
| Information Ratio | 0.1046 | |||
| Jensen Alpha | 0.0809 | |||
| Total Risk Alpha | 0.0691 | |||
| Sortino Ratio | 0.1181 | |||
| Treynor Ratio | 0.1111 | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 2.13 | |||
| Downside Variance | 0.9074 | |||
| Semi Variance | 0.4977 | |||
| Expected Short fall | (0.97) | |||
| Skewness | 0.3374 | |||
| Kurtosis | (0.55) |
Industrials Ultrasector One Year Return
Based on the recorded statements, Industrials Ultrasector Profund has an One Year Return of 30.9139%. This is 40.79% lower than that of the ProFunds family and 45.02% lower than that of the Trading--Leveraged Equity category. The one year return for all United States funds is notably lower than that of the firm.
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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrials Ultrasector Profund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.