Ultrashort Dow 30 Fund Manager Performance Evaluation
| UWPSX Fund | USD 10.21 0.04 0.39% |
The entity has a beta of -1.98, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ultrashort Dow are expected to decrease by larger amounts. On the other hand, during market turmoil, Ultrashort Dow is expected to outperform it.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Ultrashort Dow 30 has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more| Expense Ratio | 2.7800 |
Ultrashort |
Ultrashort Dow Relative Risk vs. Return Landscape
If you would invest 1,121 in Ultrashort Dow 30 on September 16, 2024 and sell it today you would lose (100.00) from holding Ultrashort Dow 30 or give up 8.92% of portfolio value over 90 days. Ultrashort Dow 30 is currently producing negative expected returns and takes up 1.4443% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than Ultrashort, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ultrashort Dow Current Valuation
Overvalued
Today
Please note that Ultrashort Dow's price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. Ultrashort Dow 30 has a current Real Value of $9.45 per share. The regular price of the fund is $10.21. We determine the value of Ultrashort Dow 30 from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Ultrashort Dow is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ultrashort Mutual Fund. However, Ultrashort Dow's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.21 | Real 9.45 | Hype 10.21 | Naive 10.63 |
The intrinsic value of Ultrashort Dow's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ultrashort Dow's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ultrashort Dow 30 helps investors to forecast how Ultrashort mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ultrashort Dow more accurately as focusing exclusively on Ultrashort Dow's fundamentals will not take into account other important factors: Ultrashort Dow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrashort Dow's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ultrashort Dow 30, and traders can use it to determine the average amount a Ultrashort Dow's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0922
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UWPSX |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ultrashort Dow 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 Ultrashort Dow by adding Ultrashort Dow to a well-diversified portfolio.
Ultrashort Dow Fundamentals Growth
Ultrashort Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ultrashort Dow, and Ultrashort Dow fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ultrashort Mutual Fund performance.
| Total Asset | 3.63 M | ||||
About Ultrashort Dow Performance
Evaluating Ultrashort Dow's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ultrashort Dow has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ultrashort Dow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 a price-weighted index and includes 30 large-cap, blue-chip U.S. stocks, excluding utility and transportation companies. The fund is non-diversified.Things to note about Ultrashort Dow 30 performance evaluation
Checking the ongoing alerts about Ultrashort Dow for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ultrashort Dow 30 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ultrashort Dow 30 generated a negative expected return over the last 90 days | |
| This fund generated-29.0 ten year return of -29.0% | |
| Ultrashort Dow keeps about 104.13% of its net assets in cash |
- Analyzing Ultrashort Dow's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ultrashort Dow's stock is overvalued or undervalued compared to its peers.
- Examining Ultrashort Dow's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ultrashort Dow's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ultrashort Dow's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ultrashort Dow's mutual fund. These opinions can provide insight into Ultrashort Dow's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ultrashort Mutual Fund
Ultrashort Dow financial ratios help investors to determine whether Ultrashort 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 Ultrashort with respect to the benefits of owning Ultrashort Dow security.
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