Profunds Short Bitcoin Fund Price on October 25, 2024
| BITIX Fund | USD 32.53 2.79 9.38% |
If you're considering investing in Profunds Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Profunds Short stands at 32.53, as last reported on the 11th of March 2025, with the highest price reaching 32.53 and the lowest price hitting 32.53 during the day. Profunds Short appears to be very steady, given 3 months investment horizon. Profunds Short Bitcoin maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Profunds Short Bitcoin, which you can use to evaluate the volatility of the fund. Please evaluate Profunds Short's Risk Adjusted Performance of 0.1216, coefficient of variation of 725.6, and Semi Deviation of 2.5 to confirm if our risk estimates are consistent with your expectations.
Profunds Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Profunds |
Sharpe Ratio = 0.1378
| Best Portfolio | Best Equity | |||
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| Small Returns | BITIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Profunds Short is performing at about 10% 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 Profunds Short by adding it to a well-diversified portfolio.
Profunds Short Valuation on October 25, 2024
It is possible to determine the worth of Profunds Short on a given historical date. On October 25, 2024 Profunds was worth 41.16 at the beginning of the trading date compared to the closed value of 41.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Profunds Short mutual fund. Still, in general, we apply an absolute valuation method to find Profunds Short'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 Profunds Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Profunds Short's related companies.
| Open | High | Low | Close | Volume | |
| 40.29 | 40.29 | 40.29 | 40.29 | 1.00 | |
10/25/2024 | 41.16 | 41.16 | 41.16 | 41.16 | 1.00 |
| 39.29 | 39.29 | 39.29 | 39.29 | 1.00 |
| Backtest Profunds Short | | | Profunds Short History | | | Profunds Short Valuation | Previous | Next |
Profunds Short Trading Date Momentum on October 25, 2024
| On October 28 2024 Profunds Short Bitcoin was traded for 39.29 at the closing time. The highest daily price throughout the period was 39.29 and the lowest price was 39.29 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.54% . The trading delta at closing time to current closing price is 1.07% . |
About Profunds Short Mutual Fund history
Profunds Short 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 Profunds is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Profunds Short Bitcoin 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 Profunds Short stock prices may prove useful in developing a viable investing in Profunds Short
The investment seeks daily investment results, before fees and expenses, that correspond to the inverse of the return of the SP CME Bitcoin Futures Index for a single day, not for any other period. Short Bitcoin is traded on NASDAQ Exchange in the United States.
Profunds Short Mutual Fund Technical Analysis
Profunds Short 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
Profunds Short Period Price Range
Low | March 11, 2025
| High |
0.00 | 0.00 |
Profunds Short Bitcoin cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Profunds Short March 11, 2025 Market Strength
Market strength indicators help investors to evaluate how Profunds Short 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 Profunds Short shares will generate the highest return on investment. By undertsting and applying Profunds Short mutual fund market strength indicators, traders can identify Profunds Short Bitcoin entry and exit signals to maximize returns
Profunds Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Profunds Short's price direction in advance. Along with the technical and fundamental analysis of Profunds Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Profunds 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 | 0.1216 | |||
| Jensen Alpha | 0.3576 | |||
| Total Risk Alpha | 0.7945 | |||
| Sortino Ratio | 0.1813 | |||
| Treynor Ratio | (0.81) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Profunds Mutual Fund
Profunds Short financial ratios help investors to determine whether Profunds 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 Profunds with respect to the benefits of owning Profunds Short security.
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