Ultrachina Profund Ultrachina Fund Quote
| UGPSX Fund | USD 16.03 0.32 1.96% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Ultrachina Profund is trading at 16.03 as of the 23rd of April 2024; that is -1.96 percent decrease since the beginning of the trading day. The fund's open price was 16.35. Ultrachina Profund has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Ultrachina Profund Ultrachina are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to track the performance of a basket of companies that are domiciled in China and that have a level II or III ADR program, New York Shares or Global Registered Shares listed with the New York Stock Exchange or Nasdaq. More on Ultrachina Profund Ultrachina
Moving against Ultrachina Mutual Fund
| 0.54 | SRPIX | Short Real Estate | PairCorr |
| 0.54 | SRPSX | Short Real Estate | PairCorr |
Ultrachina Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ultrachina Profund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultrachina Profund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | ProFunds Funds, Large Blend Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, ProFunds (View all Sectors) |
| Update Date | 31st of March 2024 |
Ultrachina Profund Ultrachina [UGPSX] is traded in USA and was established 23rd of April 2024. Ultrachina Profund is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. Ultrachina Profund at this time has accumulated 23.55 M in net assets with no minimum investment requirements with the current yeild of 0.03%, while the total return for the last 3 years was -55.23%.
Check Ultrachina Profund Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ultrachina Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultrachina Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ultrachina Profund Ultrachina Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Ultrachina Profund Ultrachina Mutual Fund Constituents
| TCOM | Trip Group Ltd | Stock | Consumer Discretionary |
| ZTO | ZTO Express | Stock | Industrials |
| TAL | TAL Education Group | Stock | Consumer Discretionary |
| PDD | Pinduoduo | Stock | Consumer Discretionary |
| NTES | NetEase | Stock | Communication Services |
| NIO | Nio Class A | Stock | Consumer Discretionary |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
Ultrachina Profund Target Price Odds Analysis
Based on a normal probability distribution, the odds of Ultrachina Profund jumping above the current price in 90 days from now is about 99.0%. The Ultrachina Profund Ultrachina probability density function shows the probability of Ultrachina Profund mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 2.2702. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ultrachina Profund will likely underperform. Additionally, ultrachina Profund Ultrachina has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ultrachina Profund to move above the current price in 90 days from now is about 99.0 (This Ultrachina Profund Ultrachina probability density function shows the probability of Ultrachina Mutual Fund to fall within a particular range of prices over 90 days) .
Ultrachina Profund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultrachina Profund market risk premium is the additional return an investor will receive from holding Ultrachina Profund long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ultrachina Profund. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ultrachina Profund's alpha and beta are two of the key measurements used to evaluate Ultrachina Profund's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.6 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.8 | |||
| Risk Adjusted Performance | (0.01) |
Ultrachina Profund Against Markets
Picking the right benchmark for Ultrachina Profund mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ultrachina Profund mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ultrachina Profund is critical whether you are bullish or bearish towards Ultrachina Profund Ultrachina at a given time. Please also check how Ultrachina Profund's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ultrachina Profund without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Ultrachina Mutual Fund?
Before investing in Ultrachina Profund, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ultrachina Profund. To buy Ultrachina Profund fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ultrachina Profund. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ultrachina Profund fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ultrachina Profund Ultrachina fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ultrachina Profund Ultrachina fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Ultrachina Profund Ultrachina, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ultrachina Profund Ultrachina?
The danger of trading Ultrachina Profund Ultrachina is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ultrachina Profund is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ultrachina Profund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultrachina Profund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ultrachina Profund Ultrachina. 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 state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.