Profunds Short Bitcoin Fund Price History

BITIX Fund  USD 28.10  1.13  4.19%   
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 28.10, as last reported on the 22nd of December, with the highest price reaching 28.10 and the lowest price hitting 28.10 during the day. Profunds Short Bitcoin maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies the entity had a -0.2% return per unit of risk over the last 3 months. Profunds Short Bitcoin exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Profunds Short's Coefficient Of Variation of (527.53), variance of 11.69, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide.
  
Profunds Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1953

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Estimated Market Risk

 3.44
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.67
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Profunds Short 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 Profunds Short by adding Profunds Short to a well-diversified portfolio.

Profunds Short Mutual Fund Price History Chart

There are several ways to analyze Profunds Short Bitcoin Fund price data. The simplest method is using a basic Profunds candlestick price chart, which shows Profunds Short price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 10, 202447.8
Lowest PriceDecember 17, 202425.48

Profunds Short December 22, 2024 Mutual Fund Price Synopsis

Various analyses of Profunds Short's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Profunds Mutual Fund. It can be used to describe the percentage change in the price of Profunds Short from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Profunds Mutual Fund.
Profunds Short Price Rate Of Daily Change 1.04 
Profunds Short Price Action Indicator 0.57 

Profunds Short December 22, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Profunds Short Bitcoin Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Profunds Short intraday prices and daily technical indicators to check the level of noise trading in Profunds Short Bitcoin Fund and then apply it to test your longer-term investment strategies against Profunds.

Profunds Mutual Fund Price History Data

The price series of Profunds Short for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 has a statistical range of 22.32 with a coefficient of variation of 20.87. The prices are distributed with arithmetic mean of 36.48. The median price for the last 90 days is 39.09.
OpenHighLowCloseVolume
12/22/2024
 28.10  28.10  28.10  28.10 
12/20/2024 28.10  28.10  28.10  28.10  1.00 
12/19/2024 28.10  28.10  28.10  28.10  1.00 
12/18/2024 26.97  26.97  26.97  26.97  1.00 
12/17/2024 25.48  25.48  25.48  25.48  1.00 
12/16/2024 25.63  25.63  25.63  25.63  1.00 
12/13/2024 26.73  26.73  26.73  26.73  1.00 
12/12/2024 27.24  27.24  27.24  27.24  1.00 
12/11/2024 26.79  26.79  26.79  26.79  1.00 
12/10/2024 28.29  28.29  28.29  28.29  1.00 
12/09/2024 28.34  28.34  28.34  28.34  1.00 
12/06/2024 26.88  26.88  26.88  26.88  1.00 
12/05/2024 27.60  27.60  27.60  27.60  1.00 
12/04/2024 27.56  27.56  27.56  27.56  1.00 
12/03/2024 28.57  28.57  28.57  28.57  1.00 
12/02/2024 28.54  28.54  28.54  28.54  1.00 
11/29/2024 28.19  28.19  28.19  28.19  1.00 
11/27/2024 28.19  28.19  28.19  28.19  1.00 
11/26/2024 30.10  30.10  30.10  30.10  1.00 
11/25/2024 28.89  28.89  28.89  28.89  1.00 
11/22/2024 27.63  27.63  27.63  27.63  1.00 
11/21/2024 27.84  27.84  27.84  27.84  1.00 
11/20/2024 29.04  29.04  29.04  29.04  1.00 
11/19/2024 29.57  29.57  29.57  29.57  1.00 
11/18/2024 29.89  29.89  29.89  29.89  1.00 
11/15/2024 29.91  29.91  29.91  29.91  1.00 
11/14/2024 31.36  31.36  31.36  31.36  1.00 
11/13/2024 30.57  30.57  30.57  30.57  1.00 
11/12/2024 30.63  30.63  30.63  30.63  1.00 
11/11/2024 31.37  31.37  31.37  31.37  1.00 
11/08/2024 36.24  36.24  36.24  36.24  1.00 
11/07/2024 36.32  36.32  36.32  36.32  1.00 
11/06/2024 36.54  36.54  36.54  36.54  1.00 
11/05/2024 40.51  40.51  40.51  40.51  1.00 
11/04/2024 41.83  41.83  41.83  41.83  1.00 
11/01/2024 40.60  40.60  40.60  40.60  1.00 
10/31/2024 40.19  40.19  40.19  40.19  1.00 
10/30/2024 39.09  39.09  39.09  39.09  1.00 
10/29/2024 38.66  38.66  38.66  38.66  1.00 
10/28/2024 40.36  40.36  40.36  40.36  1.00 
10/25/2024 42.28  42.28  42.28  42.28  1.00 
10/24/2024 41.39  41.39  41.39  41.39  1.00 
10/23/2024 42.58  42.58  42.58  42.58  1.00 
10/22/2024 41.88  41.88  41.88  41.88  1.00 
10/21/2024 41.70  41.70  41.70  41.70  1.00 
10/18/2024 41.11  41.11  41.11  41.11  1.00 
10/17/2024 42.30  42.30  42.30  42.30  1.00 
10/16/2024 41.68  41.68  41.68  41.68  1.00 
10/15/2024 42.10  42.10  42.10  42.10  1.00 
10/14/2024 43.05  43.05  43.05  43.05  1.00 
10/11/2024 45.00  45.00  45.00  45.00  1.00 
10/10/2024 47.80  47.80  47.80  47.80  1.00 
10/09/2024 46.80  46.80  46.80  46.80  1.00 
10/08/2024 46.00  46.00  46.00  46.00  1.00 
10/07/2024 45.00  45.00  45.00  45.00  1.00 
10/04/2024 45.60  45.60  45.60  45.60  1.00 
10/03/2024 46.70  46.70  46.70  46.70  1.00 
10/02/2024 47.30  47.30  47.30  47.30  1.00 
10/01/2024 46.20  46.20  46.20  46.20  1.00 
09/30/2024 44.90  44.90  44.00  44.90  1.00 
09/27/2024 43.30  43.30  43.30  43.30  1.00 

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 index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. The index price is a composite of U.S. dollar-bitcoin trading activities reported by certain digital asset trading platforms that are evaluated based on a variety of different criteria, including the trading platforms oversight and governance controls, liquidity, capital controls, data transparency and data integrity. The fund is non-diversified.

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.
A focus of Profunds Short technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Profunds Short trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.

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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