Ultra Nasdaq One Year Return vs. Three Year Return
| UOPIX Fund | USD 112.63 1.93 1.68% |
For Ultra Nasdaq profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ultra Nasdaq to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ultra Nasdaq 100 Profunds utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ultra Nasdaq's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ultra Nasdaq 100 Profunds over time as well as its relative position and ranking within its peers.
Ultra |
Ultra Nasdaq 100 Three Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ultra Nasdaq's current stock value. Our valuation model uses many indicators to compare Ultra Nasdaq value to that of its competitors to determine the firm's financial worth. Ultra Nasdaq 100 Profunds is rated below average in one year return among similar funds. It is rated fifth in three year return among similar funds reporting about 0.10 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Ultra Nasdaq 100 Profunds is roughly 10.01 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ultra Nasdaq's earnings, one of the primary drivers of an investment's value.Ultra Three Year Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Ultra Nasdaq |
| = | 53.55 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Ultra Nasdaq |
| = | 5.35 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Ultra Three Year Return Comparison
Ultra Nasdaq is rated fourth in three year return among similar funds.
Ultra Nasdaq Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ultra Nasdaq, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ultra Nasdaq will eventually generate negative long term returns. The profitability progress is the general direction of Ultra Nasdaq's change in net profit over the period of time. It can combine multiple indicators of Ultra Nasdaq, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
Ultra Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ultra Nasdaq. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ultra Nasdaq position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ultra Nasdaq's important profitability drivers and their relationship over time.
Use Ultra Nasdaq in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ultra Nasdaq position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ultra Nasdaq will appreciate offsetting losses from the drop in the long position's value.Ultra Nasdaq Pair Trading
Ultra Nasdaq 100 Profunds Pair Trading Analysis
The ability to find closely correlated positions to Ultra Nasdaq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultra Nasdaq when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ultra Nasdaq - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ultra Nasdaq 100 Profunds to buy it.
The correlation of Ultra Nasdaq is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ultra Nasdaq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultra Nasdaq 100 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ultra Nasdaq can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ultra Nasdaq position
In addition to having Ultra Nasdaq in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Ultra Mutual Fund
To fully project Ultra Nasdaq's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ultra Nasdaq 100 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ultra Nasdaq's income statement, its balance sheet, and the statement of cash flows.
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