Technology Ultrasector Profund Fund Buy Hold or Sell Recommendation

TEPIX Fund  USD 127.71  1.61  1.28%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Technology Ultrasector Profund is 'Strong Hold'. Macroaxis provides Technology Ultrasector buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TEPIX positions. The advice algorithm takes into account all of Technology Ultrasector's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Technology Ultrasector's buy or sell advice are summarized below:
Real Value
129.67
Hype Value
127.52
Market Value
127.71
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Technology Ultrasector Profund given historical horizon and risk tolerance towards Technology Ultrasector. When Macroaxis issues a 'buy' or 'sell' recommendation for Technology Ultrasector Profund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Technology Ultrasector Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Technology and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Technology Ultrasector 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 gross domestic product.

Execute Technology Ultrasector Buy or Sell Advice

The Technology recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Technology Ultrasector Profund. Macroaxis does not own or have any residual interests in Technology Ultrasector Profund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Technology Ultrasector's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Technology UltrasectorBuy Technology Ultrasector
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Technology Ultrasector Profund has a Risk Adjusted Performance of (0.0008), Jensen Alpha of (0.17), Total Risk Alpha of (0.26) and Treynor Ratio of (0.02)
Macroaxis provides recommendation on Technology Ultrasector to complement and cross-verify current analyst consensus on Technology Ultrasector Profund. Our trade recommendation engine determines the fund's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. Use Technology Ultrasector number of employees and ten year return to ensure your buy or sell decision on Technology Ultrasector is adequate.

Technology Ultrasector Trading Alerts and Improvement Suggestions

Technology Ultrasector generated a negative expected return over the last 90 days
The fund maintains about 19.11% of its assets in cash

Technology Ultrasector Returns Distribution Density

The distribution of Technology Ultrasector's historical returns is an attempt to chart the uncertainty of Technology Ultrasector's future price movements. The chart of the probability distribution of Technology Ultrasector daily returns describes the distribution of returns around its average expected value. We use Technology Ultrasector Profund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Technology Ultrasector returns is essential to provide solid investment advice for Technology Ultrasector.
Mean Return
-0.02
Value At Risk
-2.85
Potential Upside
2.98
Standard Deviation
1.77
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Technology Ultrasector historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Technology Ultrasector Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Technology Ultrasector or ProFunds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Technology Ultrasector's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Technology fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.17
β
Beta against NYSE Composite1.72
σ
Overall volatility
1.76
Ir
Information ratio -0.06

Technology Ultrasector Volatility Alert

Technology Ultrasector Profund exhibits very low volatility with skewness of 0.23 and kurtosis of 0.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Technology Ultrasector's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Technology Ultrasector's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Technology Ultrasector Fundamentals Vs Peers

Comparing Technology Ultrasector's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Technology Ultrasector's direct or indirect competition across all of the common fundamentals between Technology Ultrasector and the related equities. This way, we can detect undervalued stocks with similar characteristics as Technology Ultrasector or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Technology Ultrasector's fundamental indicators could also be used in its relative valuation, which is a method of valuing Technology Ultrasector by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Technology Ultrasector to competition
FundamentalsTechnology UltrasectorPeer Average
Price To Earning2.02 X6.53 X
Price To Book3.83 X0.74 X
Price To Sales2.89 X0.61 X
Year To Date Return5.59 %0.39 %
One Year Return44.17 %4.15 %
Three Year Return8.72 %3.60 %
Five Year Return23.80 %3.24 %
Ten Year Return23.02 %1.79 %
Net Asset79.29 M4.11 B
Cash Position Weight19.11 %10.61 %
Equity Positions Weight76.66 %63.90 %

Technology Ultrasector Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Technology . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Technology Ultrasector Buy or Sell Advice

When is the right time to buy or sell Technology Ultrasector Profund? Buying financial instruments such as Technology Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Technology Ultrasector in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Government Funds Thematic Idea Now

Government Funds
Government Funds Theme
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Check out Technology Ultrasector Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Please note, there is a significant difference between Technology Ultrasector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Ultrasector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology Ultrasector'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.