Ultramid Cap Financials
| UMPIX Fund | USD 61.18 1.52 2.55% |
Ultramid |
Please note that past performance is not an indicator of the future performance of Ultramid Cap, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Ultramid Cap Fund Summary
Ultramid Cap competes with Internet Ultrasector, Health Care, Semiconductor Ultrasector, and Technology Ultrasector. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. It is a market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.Specialization | Trading--Leveraged Equity, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7431857207 |
| Business Address | Profunds |
| Mutual Fund Family | ProFunds |
| Mutual Fund Category | Trading--Leveraged Equity |
| Benchmark | NYSE Composite |
| Phone | 888 776 3637 |
| Currency | USD - US Dollar |
Ultramid Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ultramid Cap's current stock value. Our valuation model uses many indicators to compare Ultramid Cap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ultramid Cap competition to find correlations between indicators driving Ultramid Cap's intrinsic value. More Info.Ultramid Cap Profund Ultramid Cap is presently regarded as number one fund in price to earning among similar funds. It is rated fifth in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Ultramid Cap Profund Ultramid Cap is roughly 9.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ultramid Cap by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ultramid Cap's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ultramid Cap's earnings, one of the primary drivers of an investment's value.Ultramid Cap Profund Systematic Risk
Ultramid Cap's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ultramid Cap volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ultramid Cap Profund correlated with the market. If Beta is less than 0 Ultramid Cap generally moves in the opposite direction as compared to the market. If Ultramid Cap Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ultramid Cap Profund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ultramid Cap is generally in the same direction as the market. If Beta > 1 Ultramid Cap moves generally in the same direction as, but more than the movement of the benchmark.
Ultramid Cap May 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ultramid Cap help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ultramid Cap Profund Ultramid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ultramid Cap Profund Ultramid Cap based on widely used predictive technical indicators. In general, we focus on analyzing Ultramid Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ultramid Cap's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.0321 | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 2.87 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ultramid Cap Profund Ultramid Cap. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.