Ultrashort Japan Profund Fund Price on December 12, 2022
| UKPSX Fund | USD 4.40 0.16 3.77% |
Below is the normalized historical share price chart for Ultrashort Japan Profund extending back to March 29, 2006. 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 Ultrashort Japan stands at 4.40, as last reported on the 18th of April 2024, with the highest price reaching 4.40 and the lowest price hitting 4.40 during the day.
If you're considering investing in Ultrashort Mutual Fund, it is important to understand the factors that can impact its price. Ultrashort Japan Profund owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0586, which indicates the fund had a -0.0586% return per unit of risk over the last 3 months. Ultrashort Japan Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ultrashort Japan's Risk Adjusted Performance of (0.05), coefficient of variation of (1,186), and Variance of 4.8 to confirm the risk estimate we provide.
Ultrashort Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultrashort |
Sharpe Ratio = -0.0586
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UKPSX |
Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ultrashort Japan is not performing at its full potential. However, 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 Ultrashort Japan by adding Ultrashort Japan to a well-diversified portfolio.
Ultrashort Japan Valuation on December 12, 2022
It is possible to determine the worth of Ultrashort Japan on a given historical date. On December 12, 2022 Ultrashort was worth 8.76 at the beginning of the trading date compared to the closed value of 8.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultrashort Japan mutual fund. Still, in general, we apply an absolute valuation method to find Ultrashort Japan'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 Ultrashort Japan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultrashort Japan's related companies.
| Open | High | Low | Close | Volume | |
| 8.92 | 8.92 | 8.92 | 8.92 | 1.00 | |
12/12/2022 | 8.76 | 8.76 | 8.76 | 8.76 | 1.00 |
| 8.77 | 8.77 | 8.77 | 8.77 | 1.00 |
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Ultrashort Japan Trading Date Momentum on December 12, 2022
| On December 13 2022 Ultrashort Japan Profund was traded for 8.77 at the closing time. The highest daily price throughout the period was 8.77 and the lowest price was 8.77 . There was no trading activity during the period 1.0. Lack of trading volume on 12/13/2022 added to the next day price jump. The trading price change to closing price of the next trading day was 0.11% . The trading price change to current closing price is 14.50% . |
Ultrashort Japan Profund Fundamentals Correlations and Trends
By evaluating Ultrashort Japan'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 Ultrashort Japan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultrashort financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultrashort Japan Mutual Fund history
Ultrashort Japan 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 Ultrashort is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultrashort Japan Profund 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 Ultrashort Japan stock prices may prove useful in developing a viable investing in Ultrashort Japan
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 . The fund is non-diversified.
Ultrashort Japan Mutual Fund Technical Analysis
Ultrashort Japan 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
Ultrashort Japan Period Price Range
Low | December 12, 2022
| High |
8.76 | 8.76 |
Ultrashort Japan April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultrashort Japan 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 Ultrashort Japan shares will generate the highest return on investment. By undertsting and applying Ultrashort Japan mutual fund market strength indicators, traders can identify Ultrashort Japan Profund entry and exit signals to maximize returns
Ultrashort Japan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultrashort Japan's price direction in advance. Along with the technical and fundamental analysis of Ultrashort Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultrashort 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 | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.1126 |
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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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.