Ultra Fund Y Fund Fundamentals

AULYX Fund  USD 88.98  0.14  0.16%   
Ultra Fund Y fundamentals help investors to digest information that contributes to Ultra Fund's financial success or failures. It also enables traders to predict the movement of Ultra Mutual Fund. The fundamental analysis module provides a way to measure Ultra Fund's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ultra Fund mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ultra One Year Return Analysis

Ultra Fund's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About One Year Return | All Equity Analysis

Current Ultra Fund One Year Return

    
  44.32 %  
Most of Ultra Fund's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ultra Fund Y is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition

Ultra Fund One Year Return Component Assessment

Based on the recorded statements, Ultra Fund Y has an One Year Return of 44.3198%. This is 12078.32% lower than that of the Category family and significantly higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.

Ultra Fund Y Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ultra Fund's current stock value. Our valuation model uses many indicators to compare Ultra Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ultra Fund competition to find correlations between indicators driving Ultra Fund's intrinsic value. More Info.
Ultra Fund Y is the top fund in equity positions weight among similar funds. It is the top fund in cash position weight among similar funds . The ratio of Equity Positions Weight to Cash Position Weight for Ultra Fund Y is about  433.78 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ultra Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ultra Fund's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ultra Fund's earnings, one of the primary drivers of an investment's value.

Ultra Three Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ultra Fund's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Ultra Fund could also be used in its relative valuation, which is a method of valuing Ultra Fund by comparing valuation metrics of similar companies.
Ultra Fund is currently under evaluation in three year return among similar funds.

Fund Asset Allocation for Ultra Fund

The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.23%) .
Asset allocation divides Ultra Fund's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Ultra Fundamentals

About Ultra Fund Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ultra Fund Y's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultra Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ultra Fund Y based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ultra Fund in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ultra Fund's short interest history, or implied volatility extrapolated from Ultra Fund options trading.

Pair Trading with Ultra Fund

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ultra Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ultra Fund will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ultra Mutual Fund

  0.99AMEIX Equity Growth FundPairCorr
  0.94AMGIX Income Growth FundPairCorr
  0.82AMKIX Emerging Markets FundPairCorr

Moving against Ultra Mutual Fund

  0.54CDBCX Diversified Bond FundPairCorr
  0.54ADVRX Diversified Bond FundPairCorr
  0.47ADRVX Diversified Bond FundPairCorr
  0.47ADVYX Diversified Bond FundPairCorr
  0.44TWACX Short-term GovernmentPairCorr
The ability to find closely correlated positions to Ultra Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultra Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ultra Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ultra Fund Y to buy it.
The correlation of Ultra Fund is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ultra Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultra Fund Y moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ultra Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Ultra Fund Piotroski F Score and Ultra Fund Altman Z Score analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Ultra Fund's price analysis, check to measure Ultra Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultra Fund is operating at the current time. Most of Ultra Fund's value examination focuses on studying past and present price action to predict the probability of Ultra Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Fund's price. Additionally, you may evaluate how the addition of Ultra Fund to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ultra Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultra Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultra Fund'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.