Ultrasmall Cap Profund Ultrasmall Cap Fund Quote
| UAPIX Fund | USD 54.68 0.27 0.49% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Ultrasmall Cap is trading at 54.68 as of the 19th of April 2024; that is -0.49 percent decrease since the beginning of the trading day. The fund's open price was 54.95. Ultrasmall Cap has about a 22 % 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 Ultrasmall Cap Profund Ultrasmall Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th 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. It is a market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000 Index, or approximately 10 percent of the total market capitalization of the Russell 3000 Index, which in turn represents approximately 97 percent of the U.S. More on Ultrasmall Cap Profund Ultrasmall Cap
Moving together with Ultrasmall Mutual Fund
| 0.83 | TEPIX | Technology Ultrasector | PairCorr |
| 0.82 | TEPSX | Technology Ultrasector | PairCorr |
| 0.73 | LGPIX | Large Cap Growth | PairCorr |
Moving against Ultrasmall Mutual Fund
| 0.89 | UIPIX | Ultrashort Mid Cap Steady Growth | PairCorr |
| 0.88 | UIPSX | Ultrashort Mid Cap Steady Growth | PairCorr |
| 0.85 | BRPIX | Bear Profund Bear Steady Growth | PairCorr |
| 0.85 | BRPSX | Bear Profund Bear Steady Growth | PairCorr |
| 0.79 | UKPSX | Ultrashort Japan Profund | PairCorr |
| 0.56 | SRPIX | Short Real Estate Steady Growth | PairCorr |
| 0.46 | SRPSX | Short Real Estate Steady Growth | PairCorr |
Ultrasmall 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. Ultrasmall Cap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultrasmall Cap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | ProFunds Funds, Large Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, ProFunds, Large, Trading--Leveraged Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of November 2022 |
| Fiscal Year End | July |
Ultrasmall Cap Profund Ultrasmall Cap [UAPIX] is traded in USA and was established 19th of April 2024. Ultrasmall Cap 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. This fund at this time has accumulated 40.68 M in net assets with minimum initial investment of 15 K. Ultrasmall Cap Profund is currently producing year-to-date (YTD) return of 1.13% with the current yeild of 0.01%, while the total return for the last 3 years was -13.78%.
Check Ultrasmall Cap 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 Ultrasmall 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 Ultrasmall 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 Ultrasmall Cap Profund Ultrasmall Cap 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 Ultrasmall Cap Profund Ultrasmall Cap Mutual Fund Constituents
| SLAB | Silicon Laboratories | Stock | Information Technology |
| MRTX | Mirati Ther | Stock | Health Care |
| NVCR | Novocure | Stock | Health Care |
| EXEL | Exelixis | Stock | Health Care |
| GME | GameStop Corp | Stock | Consumer Discretionary |
| PLNT | Planet Fitness | Stock | Consumer Discretionary |
| EPAM | EPAM Systems | Stock | Information Technology |
Ultrasmall Cap Target Price Odds Analysis
Based on a normal probability distribution, the odds of Ultrasmall Cap jumping above the current price in 90 days from now is roughly 96.0%. The Ultrasmall Cap Profund Ultrasmall Cap probability density function shows the probability of Ultrasmall Cap 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 3.4856. 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, Ultrasmall Cap will likely underperform. Additionally, ultrasmall Cap Profund Ultrasmall Cap 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 Ultrasmall Cap to move above the current price in 90 days from now is roughly 96.0 (This Ultrasmall Cap Profund Ultrasmall Cap probability density function shows the probability of Ultrasmall Mutual Fund to fall within a particular range of prices over 90 days) .
Ultrasmall Cap Profund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultrasmall Cap market risk premium is the additional return an investor will receive from holding Ultrasmall Cap 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 Ultrasmall Cap. 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 Ultrasmall Cap's alpha and beta are two of the key measurements used to evaluate Ultrasmall Cap's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.02 | |||
| Semi Deviation | 2.72 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.52 |
Ultrasmall Cap Against Markets
Picking the right benchmark for Ultrasmall Cap 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 Ultrasmall Cap 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 Ultrasmall Cap is critical whether you are bullish or bearish towards Ultrasmall Cap Profund Ultrasmall Cap at a given time. Please also check how Ultrasmall Cap'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 Ultrasmall Cap 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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Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
| All Next | Launch Module |
How to buy Ultrasmall Mutual Fund?
Before investing in Ultrasmall Cap, 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 Ultrasmall Cap. To buy Ultrasmall Cap fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ultrasmall Cap. 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 Ultrasmall Cap fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ultrasmall Cap Profund Ultrasmall Cap 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 Ultrasmall Cap Profund Ultrasmall Cap 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 Ultrasmall Cap Profund Ultrasmall Cap, 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 Ultrasmall Cap Profund Ultrasmall Cap?
The danger of trading Ultrasmall Cap Profund Ultrasmall Cap 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 Ultrasmall Cap 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 Ultrasmall Cap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultrasmall Cap 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 Ultrasmall Cap Profund Ultrasmall 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.