Ultranasdaq 100 Profund Ultranasdaq 100 Fund Quote
| UOPSX Fund | USD 61.28 1.34 2.14% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Ultranasdaq-100 Profund is trading at 61.28 as of the 7th of May 2024; that is -2.14 percent decrease since the beginning of the trading day. The fund's open price was 62.62. Ultranasdaq-100 Profund has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Ultranasdaq 100 Profund Ultranasdaq 100 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
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. More on Ultranasdaq 100 Profund Ultranasdaq 100
Moving together with Ultranasdaq-100 Mutual Fund
| 0.83 | TEPIX | Technology Ultrasector | PairCorr |
| 0.82 | TEPSX | Technology Ultrasector | PairCorr |
| 0.71 | LGPIX | Large Cap Growth | PairCorr |
Moving against Ultranasdaq-100 Mutual Fund
| 0.79 | SRPSX | Short Real Estate | PairCorr |
| 0.78 | SRPIX | Short Real Estate | PairCorr |
| 0.74 | BRPIX | Bear Profund Bear | PairCorr |
| 0.67 | UKPIX | Ultrashort Japan Profund | PairCorr |
| 0.66 | UKPSX | Ultrashort Japan Profund | PairCorr |
| 0.58 | UIPIX | Ultrashort Mid Cap | PairCorr |
Ultranasdaq-100 Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ultranasdaq-100 Profund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultranasdaq-100 Profund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Consumer Funds (View all Themes) |
| Fund Concentration | ProFunds Funds, Large Growth Funds, Trading--Leveraged Equity Funds, Consumer Funds, Trading--Leveraged Equity, ProFunds (View all Sectors) |
| Update Date | 31st of March 2024 |
Ultranasdaq 100 Profund Ultranasdaq 100 [UOPSX] is traded in USA and was established 7th of May 2024. Ultranasdaq-100 Profund is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. The entity is thematically classified as Consumer Funds. This fund at this time has accumulated 539.91 M in net assets with no minimum investment requirementsUltranasdaq 100 Profund is currently producing year-to-date (YTD) return of 3.81%, while the total return for the last 3 years was 5.05%.
Check Ultranasdaq-100 Profund Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ultranasdaq-100 Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultranasdaq-100 Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ultranasdaq 100 Profund Ultranasdaq 100 Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Ultranasdaq 100 Profund Ultranasdaq 100 Mutual Fund Constituents
| CSCO | Cisco Systems | Stock | Information Technology |
| AAPL | Apple Inc | Stock | Information Technology |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
| CMCSA | Comcast Corp | Stock | Communication Services |
| FB | Meta Platforms | Stock | Internet Content & Information |
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Ultranasdaq-100 Profund Target Price Odds Analysis
Based on a normal probability distribution, the odds of Ultranasdaq-100 Profund jumping above the current price in 90 days from now is about 61.81%. The Ultranasdaq 100 Profund Ultranasdaq 100 probability density function shows the probability of Ultranasdaq-100 Profund mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ultranasdaq-100 Profund has a beta of 0.0161. This usually implies as returns on the market go up, Ultranasdaq-100 Profund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ultranasdaq 100 Profund Ultranasdaq 100 will be expected to be much smaller as well. Additionally, ultranasdaq 100 Profund Ultranasdaq 100 has an alpha of 0.1025, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ultranasdaq-100 Profund to move above the current price in 90 days from now is about 61.81 (This Ultranasdaq 100 Profund Ultranasdaq 100 probability density function shows the probability of Ultranasdaq-100 Mutual Fund to fall within a particular range of prices over 90 days) .
Ultranasdaq 100 Profund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultranasdaq-100 Profund market risk premium is the additional return an investor will receive from holding Ultranasdaq-100 Profund long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ultranasdaq-100 Profund. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ultranasdaq-100 Profund's alpha and beta are two of the key measurements used to evaluate Ultranasdaq-100 Profund's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.89 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.59 |
Ultranasdaq-100 Profund Against Markets
Picking the right benchmark for Ultranasdaq-100 Profund mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ultranasdaq-100 Profund mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ultranasdaq-100 Profund is critical whether you are bullish or bearish towards Ultranasdaq 100 Profund Ultranasdaq 100 at a given time. Please also check how Ultranasdaq-100 Profund's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ultranasdaq-100 Profund without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
How to buy Ultranasdaq-100 Mutual Fund?
Before investing in Ultranasdaq-100 Profund, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ultranasdaq-100 Profund. To buy Ultranasdaq-100 Profund fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ultranasdaq-100 Profund. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ultranasdaq-100 Profund fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ultranasdaq 100 Profund Ultranasdaq 100 fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ultranasdaq 100 Profund Ultranasdaq 100 fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Ultranasdaq 100 Profund Ultranasdaq 100, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ultranasdaq 100 Profund Ultranasdaq 100?
The danger of trading Ultranasdaq 100 Profund Ultranasdaq 100 is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ultranasdaq-100 Profund is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ultranasdaq-100 Profund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultranasdaq 100 Profund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ultranasdaq 100 Profund Ultranasdaq 100. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.