Short Real Estate Fund Quote
| SRPIX Fund | USD 9.52 0.07 0.74% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Short Real is trading at 9.52 as of the 19th of April 2024; that is 0.74 percent increase since the beginning of the trading day. The fund's open price was 9.45. Short Real has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Short Real Estate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the real estate sector of the SP 500 Index. More on Short Real Estate
Moving together with Short Mutual Fund
| 0.87 | SRPSX | Short Real Estate Steady Growth | PairCorr |
Moving against Short Mutual Fund
| 0.75 | GVPIX | Us Government Plus | PairCorr |
| 0.75 | GVPSX | Us Government Plus | PairCorr |
| 0.51 | MLPSX | Mid Cap Value | PairCorr |
| 0.49 | MLPIX | Mid Cap Value | PairCorr |
| 0.46 | TEPSX | Technology Ultrasector | PairCorr |
| 0.45 | TEPIX | Technology Ultrasector | PairCorr |
Short 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. Short Real's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Short Real or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Realty Funds (View all Themes) |
| Fund Concentration | ProFunds Funds, Trading--Miscellaneous Funds, Realty Funds, Trading--Miscellaneous, ProFunds, Trading--Miscellaneous, Trading--Miscellaneous (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of November 2022 |
| Fiscal Year End | July |
Short Real Estate [SRPIX] is traded in USA and was established 19th of April 2024. Short Real is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Miscellaneous category and is part of ProFunds family. The entity is thematically classified as Realty Funds. This fund at this time has accumulated 1.83 M in assets with minimum initial investment of 15 K. Short Real Estate is currently producing year-to-date (YTD) return of 8.43% with the current yeild of 0.02%, while the total return for the last 3 years was -0.05%.
Check Short Real Probability Of Bankruptcy
Instrument Allocation
Short Real Target Price Odds Analysis
Based on a normal probability distribution, the odds of Short Real jumping above the current price in 90 days from now is near 1%. The Short Real Estate probability density function shows the probability of Short Real mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Short Real Estate has a beta of -1.3983. This usually implies as returns on its benchmark rise, returns on holding Short Real Estate are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Short Real is expected to outperform its benchmark. Additionally, short Real Estate has an alpha of 0.2326, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Short Real to move above the current price in 90 days from now is near 1 (This Short Real Estate probability density function shows the probability of Short Mutual Fund to fall within a particular range of prices over 90 days) .
Short Real Estate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Short Real market risk premium is the additional return an investor will receive from holding Short Real 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 Short Real. 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 Short Real's alpha and beta are two of the key measurements used to evaluate Short Real's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8983 | |||
| Semi Deviation | 0.8576 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.34 |
Short Real Against Markets
Picking the right benchmark for Short Real 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 Short Real 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 Short Real is critical whether you are bullish or bearish towards Short Real Estate at a given time. Please also check how Short Real'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 Short Real 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?
Run Performance Analysis Now
Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
How to buy Short Mutual Fund?
Before investing in Short Real, 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 Short Real. To buy Short Real fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Short Real. 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 Short Real fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Short Real Estate 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 Short Real Estate 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 Short Real Estate, 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 Short Real Estate?
The danger of trading Short Real Estate 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 Short Real 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 Short Real. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Short Real Estate 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 Short Real Estate. 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. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.