Utilities Ultrasector Profund Fund Market Value
| UTPIX Fund | USD 77.70 1.98 2.48% |
| Symbol | Utilities |
Utilities Ultrasector 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Utilities Ultrasector's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Utilities Ultrasector.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Utilities Ultrasector on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Utilities Ultrasector Profund or generate 0.0% return on investment in Utilities Ultrasector over 90 days. Utilities Ultrasector is related to or competes with Auer Growth, Calvert Developed, Ep Emerging, Pace International, and Black Oak. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns ... More
Utilities Ultrasector Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Utilities Ultrasector's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Utilities Ultrasector Profund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.033 | |||
| Maximum Drawdown | 6.99 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.46 |
Utilities Ultrasector Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Utilities Ultrasector's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Utilities Ultrasector's standard deviation. In reality, there are many statistical measures that can use Utilities Ultrasector historical prices to predict the future Utilities Ultrasector's volatility.| Risk Adjusted Performance | 0.1262 | |||
| Jensen Alpha | 0.1859 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0293 | |||
| Treynor Ratio | (2.94) |
Utilities Ultrasector Backtested Returns
Utilities Ultrasector appears to be very steady, given 3 months investment horizon. Utilities Ultrasector owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Utilities Ultrasector Profund, which you can use to evaluate the volatility of the fund. Please review Utilities Ultrasector's Semi Deviation of 1.36, coefficient of variation of 761.31, and Risk Adjusted Performance of 0.1262 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of -0.0605, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Utilities Ultrasector are expected to decrease at a much lower rate. During the bear market, Utilities Ultrasector is likely to outperform the market.
Auto-correlation | 0.59 |
Modest predictability
Utilities Ultrasector Profund has modest predictability. Overlapping area represents the amount of predictability between Utilities Ultrasector time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Utilities Ultrasector price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Utilities Ultrasector price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 2.16 |
Utilities Ultrasector lagged returns against current returns
Autocorrelation, which is Utilities Ultrasector mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Utilities Ultrasector's mutual fund expected returns. We can calculate the autocorrelation of Utilities Ultrasector returns to help us make a trade decision. For example, suppose you find that Utilities Ultrasector has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Utilities Ultrasector regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Utilities Ultrasector mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Utilities Ultrasector mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Utilities Ultrasector mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Utilities Ultrasector Lagged Returns
When evaluating Utilities Ultrasector's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Utilities Ultrasector mutual fund have on its future price. Utilities Ultrasector autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Utilities Ultrasector autocorrelation shows the relationship between Utilities Ultrasector mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Utilities Ultrasector Profund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Utilities Mutual Fund
Utilities Ultrasector financial ratios help investors to determine whether Utilities 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 Utilities with respect to the benefits of owning Utilities Ultrasector security.
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