Ultra Fund Y Fund Price on December 8, 2020
| AULYX Fund | USD 85.10 0.35 0.41% |
Below is the normalized historical share price chart for Ultra Fund Y extending back to April 10, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ultra Fund stands at 85.10, as last reported on the 19th of April, with the highest price reaching 85.10 and the lowest price hitting 85.10 during the day.
If you're considering investing in Ultra Mutual Fund, it is important to understand the factors that can impact its price. We consider Ultra Fund very steady. Ultra Fund Y owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0544, which indicates the fund had a 0.0544% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ultra Fund Y, which you can use to evaluate the volatility of the fund. Please validate Ultra Fund's Coefficient Of Variation of 1065.51, risk adjusted performance of 0.0618, and Semi Deviation of 0.7534 to confirm if the risk estimate we provide is consistent with the expected return of 0.0539%.
Ultra Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultra |
Sharpe Ratio = 0.0544
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| Cash | AULYX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ultra Fund is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ultra Fund by adding it to a well-diversified portfolio.
Ultra Fund Valuation on December 8, 2020
It is possible to determine the worth of Ultra Fund on a given historical date. On December 8, 2020 Ultra was worth 85.82 at the beginning of the trading date compared to the closed value of 75.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultra Fund mutual fund. Still, in general, we apply an absolute valuation method to find Ultra Fund's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ultra Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultra Fund's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 85.82 | 85.82 | 75.93 | 75.93 | 1.00 |
| 84.09 | 84.09 | 74.40 | 74.40 | 1.00 |
| Backtest Ultra Fund | | | Ultra Fund History | | | Ultra Fund Valuation | Next |
Ultra Fund Trading Date Momentum on December 8, 2020
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Ultra Fund Y Fundamentals Correlations and Trends
By evaluating Ultra Fund's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ultra Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultra Fund Mutual Fund history
Ultra Fund investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ultra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultra Fund Y will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ultra Fund stock prices may prove useful in developing a viable investing in Ultra Fund
The fund normally invests in stocks of companies that the adviser believes will increase in value over time. The portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. The portfolio managers use a variety of analytical research tools and techniques to identify the stocks of larger-sized companies that meet their investment criteria. Under normal market conditions, the portfolio managers seek securities of companies whose earnings or revenues are not only growing, but growing at an accelerated pace.
Ultra Fund Mutual Fund Technical Analysis
Ultra Fund technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Ultra Fund Period Price Range
Low | April 4, 2022
| High |
85.82 | 75.93 |
Ultra Fund April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultra Fund mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultra Fund shares will generate the highest return on investment. By undertsting and applying Ultra Fund mutual fund market strength indicators, traders can identify Ultra Fund Y entry and exit signals to maximize returns
Ultra Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultra Fund's price direction in advance. Along with the technical and fundamental analysis of Ultra Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0618 | |||
| Jensen Alpha | 0.0192 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0282 | |||
| Treynor Ratio | 0.076 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ultra Fund Y. 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 manufacturing. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.