Ultrashort Dow 30 Fund Technical Analysis
| UWPSX Fund | USD 10.21 0.04 0.39% |
As of the 15th of December 2024, Ultrashort Dow has the Risk Adjusted Performance of (0.08), variance of 2.09, and Coefficient Of Variation of (858.93). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ultrashort Dow 30, as well as the relationship between them.
Ultrashort Dow Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ultrashort, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UltrashortUltrashort |
Ultrashort Dow 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.
Ultrashort Dow 30 Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ultrashort Dow 30 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ultrashort Dow 30 Trend Analysis
Use this graph to draw trend lines for Ultrashort Dow 30. You can use it to identify possible trend reversals for Ultrashort Dow as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ultrashort Dow price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ultrashort Dow Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ultrashort Dow 30 applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Ultrashort Dow 30 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 17.24, which is the sum of squared deviations for the predicted Ultrashort Dow price change compared to its average price change.About Ultrashort Dow Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ultrashort Dow 30 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ultrashort Dow 30 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ultrashort Dow 30 price pattern first instead of the macroeconomic environment surrounding Ultrashort Dow 30. By analyzing Ultrashort Dow's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ultrashort Dow's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ultrashort Dow specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ultrashort Dow December 15, 2024 Technical Indicators
Most technical analysis of Ultrashort help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ultrashort from various momentum indicators to cycle indicators. When you analyze Ultrashort charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 0.1 | |||
| Mean Deviation | 1.06 | |||
| Coefficient Of Variation | (858.93) | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.09 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.09 | |||
| Maximum Drawdown | 9.1 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.7 | |||
| Skewness | (1.76) | |||
| Kurtosis | 7.05 |
Ultrashort Dow 30 One Year Return
Based on the recorded statements, Ultrashort Dow 30 has an One Year Return of -30.968%. This is 159.31% lower than that of the ProFunds family and significantly lower than that of the Trading--Inverse Equity category. The one year return for all United States funds is notably higher than that of the company.
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.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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