Profunds Ultrashort Annual Yield vs. Year To Date Return
| USPSX Fund | USD 25.23 0.05 0.20% |
For Profunds Ultrashort profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Profunds Ultrashort to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Profunds Ultrashort Nasdaq 100 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Profunds Ultrashort's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Profunds Ultrashort Nasdaq 100 over time as well as its relative position and ranking within its peers.
Profunds |
Profunds Ultrashort Year To Date Return vs. Annual Yield Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Profunds Ultrashort's current stock value. Our valuation model uses many indicators to compare Profunds Ultrashort value to that of its competitors to determine the firm's financial worth. Profunds Ultrashort Nasdaq 100 is presently regarded as number one fund in annual yield among similar funds. It also is presently regarded as number one fund in year to date return among similar funds creating about 0.01 of Year To Date Return per Annual Yield. The ratio of Annual Yield to Year To Date Return for Profunds Ultrashort Nasdaq 100 is roughly 173.28 . 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 Profunds Ultrashort's earnings, one of the primary drivers of an investment's value.Profunds Year To Date Return vs. Annual Yield
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Profunds Ultrashort |
| = | 36.35 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Profunds Ultrashort |
| = | 0.21 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Profunds Year To Date Return Comparison
Profunds Ultrashort is currently under evaluation in year to date return among similar funds.
Profunds Ultrashort Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Profunds Ultrashort, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Profunds Ultrashort will eventually generate negative long term returns. The profitability progress is the general direction of Profunds Ultrashort's change in net profit over the period of time. It can combine multiple indicators of Profunds Ultrashort, 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.
Profunds Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Profunds Ultrashort. 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 Profunds Ultrashort 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 Profunds Ultrashort's important profitability drivers and their relationship over time.
Use Profunds Ultrashort 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 Profunds Ultrashort 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 Profunds Ultrashort will appreciate offsetting losses from the drop in the long position's value.Profunds Ultrashort Pair Trading
Profunds Ultrashort Nasdaq 100 Pair Trading Analysis
The ability to find closely correlated positions to Profunds Ultrashort could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Profunds Ultrashort 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 Profunds Ultrashort - 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 Profunds Ultrashort Nasdaq 100 to buy it.
The correlation of Profunds Ultrashort 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 Profunds Ultrashort moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Profunds Ultrashort 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 Profunds Ultrashort 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 Profunds Ultrashort position
In addition to having Profunds Ultrashort 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 Impulse Thematic Idea Now
Impulse
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 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 Impulse Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Profunds Mutual Fund
To fully project Profunds Ultrashort's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Profunds Ultrashort 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 Profunds Ultrashort's income statement, its balance sheet, and the statement of cash flows.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |