Ultra Nasdaq 100 Profunds Fund Manager Performance Evaluation
| UOPIX Fund | USD 112.71 0.81 0.72% |
The entity has a beta of 2.07, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ultra Nasdaq-100 will likely underperform.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Ultra Nasdaq 100 Profunds are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Ultra Nasdaq-100 may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 1.5300 |
Ultra |
Ultra Nasdaq-100 Relative Risk vs. Return Landscape
If you would invest 10,203 in Ultra Nasdaq 100 Profunds on August 24, 2024 and sell it today you would earn a total of 1,068 from holding Ultra Nasdaq 100 Profunds or generate 10.47% return on investment over 90 days. Ultra Nasdaq 100 Profunds is currently producing 0.183% returns and takes up 2.2385% volatility of returns over 90 trading days. Put another way, 19% of traded mutual funds are less volatile than Ultra, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ultra Nasdaq-100 Current Valuation
Overvalued
Today
Please note that Ultra Nasdaq-100's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Ultra Nasdaq 100 has a current Real Value of $109.41 per share. The regular price of the fund is $112.71. We determine the value of Ultra Nasdaq 100 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 Ultra Nasdaq-100 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ultra Mutual Fund. However, Ultra Nasdaq-100'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 112.71 | Real 109.41 | Hype 112.71 | Naive 108.31 |
The intrinsic value of Ultra Nasdaq-100'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 Ultra Nasdaq-100'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 Ultra Nasdaq 100 Profunds helps investors to forecast how Ultra 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 Ultra Nasdaq-100 more accurately as focusing exclusively on Ultra Nasdaq-100's fundamentals will not take into account other important factors: Ultra Nasdaq-100 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultra Nasdaq-100's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ultra Nasdaq 100 Profunds, and traders can use it to determine the average amount a Ultra Nasdaq-100'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 = 0.0817
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UOPIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ultra Nasdaq-100 is performing at about 6% 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 Ultra Nasdaq-100 by adding it to a well-diversified portfolio.
Ultra Nasdaq-100 Fundamentals Growth
Ultra Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ultra Nasdaq-100, and Ultra Nasdaq-100 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 Ultra Mutual Fund performance.
| Price To Earning | 1.44 X | |||
| Price To Book | 4.48 X | |||
| Price To Sales | 2.83 X | |||
| Total Asset | 717.88 M | |||
About Ultra Nasdaq-100 Performance
Evaluating Ultra Nasdaq-100's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ultra Nasdaq-100 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 Ultra Nasdaq-100 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 includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.Things to note about Ultra Nasdaq 100 performance evaluation
Checking the ongoing alerts about Ultra Nasdaq-100 for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ultra Nasdaq 100 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund keeps about 24.28% of its net assets in cash |
- Analyzing Ultra Nasdaq-100'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 Ultra Nasdaq-100's stock is overvalued or undervalued compared to its peers.
- Examining Ultra Nasdaq-100'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 Ultra Nasdaq-100's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ultra Nasdaq-100's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ultra Nasdaq-100's mutual fund. These opinions can provide insight into Ultra Nasdaq-100's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ultra Mutual Fund
Ultra Nasdaq-100 financial ratios help investors to determine whether Ultra 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 Ultra with respect to the benefits of owning Ultra Nasdaq-100 security.
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