Ultrabull Profund Investor Fund Price on May 9, 2024
| ULPIX Fund | USD 127.75 0.62 0.49% |
Below is the normalized historical share price chart for Ultrabull Profund Investor extending back to April 28, 1998. 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 Ultrabull Profund stands at 127.75, as last reported on the 19th of June, with the highest price reaching 127.75 and the lowest price hitting 127.75 during the day.
If you're considering investing in Ultrabull Mutual Fund, it is important to understand the factors that can impact its price. We consider Ultrabull Profund very steady. Ultrabull Profund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0982, which indicates the fund had a 0.0982% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ultrabull Profund Investor, which you can use to evaluate the volatility of the fund. Please validate Ultrabull Profund's Coefficient Of Variation of 677.17, semi deviation of 1.17, and Risk Adjusted Performance of 0.0974 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Ultrabull Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultrabull |
Sharpe Ratio = 0.0982
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| Cash | ULPIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ultrabull Profund is performing at about 7% 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 Ultrabull Profund by adding it to a well-diversified portfolio.
Ultrabull Profund Valuation on May 9, 2024
It is possible to determine the worth of Ultrabull Profund on a given historical date. On May 9, 2024 Ultrabull was worth 115.93 at the beginning of the trading date compared to the closed value of 115.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultrabull Profund mutual fund. Still, in general, we apply an absolute valuation method to find Ultrabull Profund'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 Ultrabull Profund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultrabull Profund's related companies.
| Open | High | Low | Close | Volume | |
| 114.73 | 114.73 | 114.73 | 114.73 | 1.00 | |
05/09/2024 | 115.93 | 115.93 | 115.93 | 115.93 | 1.00 |
| 116.31 | 116.31 | 116.31 | 116.31 | 1.00 |
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Ultrabull Profund Trading Date Momentum on May 9, 2024
| On May 10 2024 Ultrabull Profund Investor was traded for 116.31 at the closing time. The highest daily price throughout the period was 116.31 and the lowest price was 116.31 . There was no trading activity during the period 1.0. Lack of trading volume on 05/10/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.33% . The trading price change to current closing price is 3.57% . |
Ultrabull Profund Fundamentals Correlations and Trends
By evaluating Ultrabull Profund'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 Ultrabull Profund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultrabull financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultrabull Profund Mutual Fund history
Ultrabull Profund 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 Ultrabull is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultrabull 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 Ultrabull Profund stock prices may prove useful in developing a viable investing in Ultrabull Profund
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 of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.
Ultrabull Profund Mutual Fund Technical Analysis
Ultrabull Profund 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
Ultrabull Profund Period Price Range
Low | May 9, 2024
| High |
115.93 | 115.93 |
Ultrabull Profund June 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultrabull Profund 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 Ultrabull Profund shares will generate the highest return on investment. By undertsting and applying Ultrabull Profund mutual fund market strength indicators, traders can identify Ultrabull Profund Investor entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 115.93 | |||
| Day Typical Price | 115.93 | |||
| Period Momentum Indicator | 11.82 | |||
| Relative Strength Index | 66.11 |
Ultrabull Profund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultrabull Profund's price direction in advance. Along with the technical and fundamental analysis of Ultrabull Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultrabull 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 | 0.0974 | |||
| Jensen Alpha | 0.1831 | |||
| Total Risk Alpha | 0.182 | |||
| Sortino Ratio | 0.1355 | |||
| Treynor Ratio | 0.1153 |
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| Volume Indicators |
Other Information on Investing in Ultrabull Mutual Fund
Ultrabull Profund financial ratios help investors to determine whether Ultrabull Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ultrabull with respect to the benefits of owning Ultrabull Profund security.
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