Ultra Blue Capital Etf Profile
Ultra Blue is trading at 19.04 as of the 18th of April 2024, a No Change since the beginning of the trading day. The etf's open price was 19.04. Equity ratings for Ultra Blue Capital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Ultra Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ultra Blue's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultra Blue or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | ETF Opportunities Trust - UBC Algorithmic Fundamentals ETF |
| Business Concentration | Large Growth, Ultra Blue Capital (View all Sectors) |
| Nav Price | 18.88 |
| Two Hundred Day Average | 20.36 |
| Ytd | -22.63% |
| Average Daily Volume In Three Month | 731 |
| Fifty Two Week Low | 17.57 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 280 |
| Fifty Two Week High | 25.69 |
| One Month | 2.33% |
| Fifty Day Average | 18.59 |
| Three Month | -1.43% |
Ultra Blue Capital [UBCB] is traded in USA and was established 2021-12-15. The fund is listed under Large Growth category and is part of Ultra Blue Capital family. Ultra Blue Capital at this time have 1.81 M in net assets.
Check Ultra Blue Probability Of Bankruptcy
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 Ultra Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultra Etf, 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 Ultra Blue Capital Etf, 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.
Ultra Blue Target Price Odds Analysis
What are Ultra Blue's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ultra Blue jumping above the current price in 90 days from now is about 14.1%. The Ultra Blue Capital probability density function shows the probability of Ultra Blue etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Ultra Blue has a beta of 0.2468. This usually implies as returns on the market go up, Ultra Blue average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ultra Blue Capital will be expected to be much smaller as well. Additionally, ultra Blue Capital has an alpha of 0.0321, implying that it can generate a 0.0321 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ultra Blue to move above the current price in 90 days from now is about 14.1 (This Ultra Blue Capital probability density function shows the probability of Ultra Etf to fall within a particular range of prices over 90 days) .
Ultra Blue Capital Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultra Blue market risk premium is the additional return an investor will receive from holding Ultra Blue 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 Ultra Blue. 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 Ultra Blue's alpha and beta are two of the key measurements used to evaluate Ultra Blue's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.15 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.98 |
Ultra Blue Against Markets
Picking the right benchmark for Ultra Blue etf 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 Ultra Blue etf 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 Ultra Blue is critical whether you are bullish or bearish towards Ultra Blue Capital at a given time. Please also check how Ultra Blue's historical prices are related to one of the top price index indicators.
Ultra Blue Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ultra Blue etf to make a market-neutral strategy. Peer analysis of Ultra Blue could also be used in its relative valuation, which is a method of valuing Ultra Blue by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Ultra Etf?
Before investing in Ultra Blue, 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 Ultra Blue. To buy Ultra Blue etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ultra Blue. 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 Ultra Blue etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ultra Blue Capital etf 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 Ultra Blue Capital etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Ultra Blue Capital, 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 etf 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 Ultra Blue Capital?
The danger of trading Ultra Blue Capital is mainly related to its market volatility and ETF 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 Ultra Blue 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 Ultra Blue. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultra Blue Capital 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.
When determining whether Ultra Blue Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ultra Blue's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ultra Blue Capital Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ultra Blue Capital Etf: Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ultra Blue Capital information on this page should be used as a complementary analysis to other Ultra Blue's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Ultra Blue Capital is measured differently than its book value, which is the value of Ultra that is recorded on the company's balance sheet. Investors also form their own opinion of Ultra Blue's value that differs from its market value or its book value, called intrinsic value, which is Ultra Blue's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ultra Blue's market value can be influenced by many factors that don't directly affect Ultra Blue's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ultra Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultra Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultra Blue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.