Short Small Cap Profund Fund Price on October 17, 2024
| SHPIX Fund | USD 49.60 0.03 0.06% |
Below is the normalized historical share price chart for Short Small Cap Profund extending back to May 08, 2002. 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 Short Small-cap stands at 49.60, as last reported on the 1st of December, with the highest price reaching 49.60 and the lowest price hitting 49.60 during the day.
If you're considering investing in Short Mutual Fund, it is important to understand the factors that can impact its price. Short Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the fund had a -0.14% return per unit of risk over the last 3 months. Short Small Cap Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Short Small-cap's Risk Adjusted Performance of (0.08), variance of 1.76, and Coefficient Of Variation of (941.73) to confirm the risk estimate we provide.
Short Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Short |
Sharpe Ratio = -0.1363
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| Negative Returns | SHPIX |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Short Small-cap 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 Short Small-cap by adding Short Small-cap to a well-diversified portfolio.
Short Small-cap Valuation on October 17, 2024
It is possible to determine the worth of Short Small-cap on a given historical date. On October 17, 2024 Short was worth 52.76 at the beginning of the trading date compared to the closed value of 52.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Short Small-cap mutual fund. Still, in general, we apply an absolute valuation method to find Short Small-cap'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 Short Small-cap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Short Small-cap's related companies.
| Open | High | Low | Close | Volume | |
| 52.62 | 52.62 | 52.62 | 52.62 | 1.00 | |
10/17/2024 | 52.76 | 52.76 | 52.76 | 52.76 | 1.00 |
| 52.88 | 52.88 | 52.88 | 52.88 | 1.00 |
| Backtest Short Small-cap | | | Short Small-cap History | | | Short Small-cap Valuation | Previous | Next |
Short Small-cap Trading Date Momentum on October 17, 2024
| On October 18 2024 Short Small Cap Profund was traded for 52.88 at the closing time. The highest daily price throughout the period was 52.88 and the lowest price was 52.88 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.23% . The trading price change to current closing price is 1.80% . |
Short Small Cap Fundamentals Correlations and Trends
By evaluating Short Small-cap'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 Short Small-cap's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Short financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Short Small-cap Mutual Fund history
Short Small-cap 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 Short is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Short Small Cap 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 Short Small-cap stock prices may prove useful in developing a viable investing in Short Small-cap
The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. It is a market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000 Index, or approximately 10 percent of the total market capitalization of the Russell 3000 Index, which in turn represents approximately 97 percent of the U.S. equity market. It is non-diversified.
Short Small-cap Mutual Fund Technical Analysis
Short Small-cap 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
Short Small-cap Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Short Small Cap Profund 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.
Short Small-cap December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Short Small-cap 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 Short Small-cap shares will generate the highest return on investment. By undertsting and applying Short Small-cap mutual fund market strength indicators, traders can identify Short Small Cap Profund entry and exit signals to maximize returns
Short Small-cap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Short Small-cap's price direction in advance. Along with the technical and fundamental analysis of Short Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Short 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 | (0.08) | |||
| Jensen Alpha | 0.0399 | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.1009 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Short Mutual Fund
Short Small-cap financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Small-cap security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |