Ultrashort Japan Profund Fund Quote
| UKPSX Fund | USD 4.55 0.16 3.64% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Ultrashort Japan is trading at 4.55 as of the 23rd of April 2024; that is 3.64% increase since the beginning of the trading day. The fund's open price was 4.39. Ultrashort Japan has about a 21 % 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 Ultrashort Japan Profund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is an adjusted price-weighted index of the 225 most actively traded and liquid Japanese companies listed in the Prime Market of the Tokyo Stock Exchange . More on Ultrashort Japan Profund
Moving together with Ultrashort Mutual Fund
| 0.92 | UIPIX | Ultrashort Mid Cap | PairCorr |
| 0.92 | UIPSX | Ultrashort Mid Cap | PairCorr |
Moving against Ultrashort Mutual Fund
| 1.0 | UJPIX | Ultrajapan Profund | PairCorr |
| 1.0 | UJPSX | Ultrajapan Profund | PairCorr |
| 0.92 | ULPIX | Ultrabull Profund | PairCorr |
| 0.91 | ULPSX | Ultrabull Profund | PairCorr |
| 0.9 | LGPSX | Profunds Large Cap | PairCorr |
| 0.9 | UMPSX | Ultramid Cap Profund | PairCorr |
| 0.84 | OTPIX | Nasdaq 100 Profund | PairCorr |
Ultrashort 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. Ultrashort Japan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultrashort Japan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | ProFunds Funds, Trading--Inverse Equity Funds, Trading--Inverse Equity, ProFunds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of November 2022 |
| Fiscal Year End | July |
Ultrashort Japan Profund [UKPSX] is traded in USA and was established 23rd of April 2024. Ultrashort Japan is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Inverse Equity category and is part of ProFunds family. Ultrashort Japan Profund at this time has accumulated 990 K in net assets with no minimum investment requirements with the current yeild of 0.39%, while the total return for the last 3 years was -25.22%.
Check Ultrashort Japan Probability Of Bankruptcy
Instrument Allocation
Ultrashort Japan Target Price Odds Analysis
Based on a normal probability distribution, the odds of Ultrashort Japan jumping above the current price in 90 days from now is about 27.61%. The Ultrashort Japan Profund probability density function shows the probability of Ultrashort Japan mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ultrashort Japan Profund has a beta of -1.7823. This usually implies as returns on its benchmark rise, returns on holding Ultrashort Japan Profund are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ultrashort Japan is expected to outperform its benchmark. Additionally, ultrashort Japan Profund 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 Ultrashort Japan to move above the current price in 90 days from now is about 27.61 (This Ultrashort Japan Profund probability density function shows the probability of Ultrashort Mutual Fund to fall within a particular range of prices over 90 days) .
Ultrashort Japan Profund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultrashort Japan market risk premium is the additional return an investor will receive from holding Ultrashort Japan 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 Ultrashort Japan. 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 Ultrashort Japan's alpha and beta are two of the key measurements used to evaluate Ultrashort Japan's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.75 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.91 | |||
| Risk Adjusted Performance | (0.03) |
Ultrashort Japan Against Markets
Picking the right benchmark for Ultrashort Japan 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 Ultrashort Japan 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 Ultrashort Japan is critical whether you are bullish or bearish towards Ultrashort Japan Profund at a given time. Please also check how Ultrashort Japan'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 Ultrashort Japan 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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Financial WidgetsEasily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
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How to buy Ultrashort Mutual Fund?
Before investing in Ultrashort Japan, 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 Ultrashort Japan. To buy Ultrashort Japan fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ultrashort Japan. 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 Ultrashort Japan fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ultrashort Japan Profund 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 Ultrashort Japan Profund 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 Ultrashort Japan Profund, 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 Ultrashort Japan Profund?
The danger of trading Ultrashort Japan Profund 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 Ultrashort Japan 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 Ultrashort Japan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultrashort Japan 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 Ultrashort Japan 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 state. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.