IDAAX Mutual Fund Quote

IDAAX
 Fund
  

USD 14.90  0.01  0.07%   

Market Performance
7 of 100
Odds Of Distress
Less than 1
IVY PROSHARES is trading at 14.90 as of the 4th of December 2022; that is -0.07% down since the beginning of the trading day. The fund's open price was 14.91. IVY PROSHARES has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for IVY PROSHARES SP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of September 2022 and ending today, the 4th of December 2022. Click here to learn more.
ISIN
US46600A6414
The investment seeks investment results before fees and expenses that track the performance of the SP 500 Dividend Aristocrats Index. Ivy Proshares is traded on NASDAQ Exchange in the United States. More on IVY PROSHARES SP

Moving together with IVY PROSHARES

+0.86CATCaterpillar TrendingPairCorr
+0.91JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr

IVY PROSHARES 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. IVY PROSHARES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IVY PROSHARES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
IVY PROSHARES SP is unlikely to experience financial distress in the next 2 years
The fund retains all of its assets under management (AUM) in equities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of IVY PROSHARES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Beta In Three Year0.94
Startdate15th of November 2021
IVY PROSHARES SP [IDAAX] is traded in USA and was established 4th of December 2022. The fund is listed under Large Value category and is part of Delaware Funds by Macquarie family. IVY PROSHARES SP currently has accumulated 404.51 M in assets under management (AUM) with minimum initial investment of 750. , while the total return for the last 3 years was 7.11%.
Check IVY PROSHARES Probability Of Bankruptcy

Instrument Allocation

IVY PROSHARES Target Price Odds Analysis

Based on a normal probability distribution, the odds of IVY PROSHARES jumping above the current price in 90 days from now is nearly 4.24%. The IVY PROSHARES SP probability density function shows the probability of IVY PROSHARES mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0098. This usually indicates IVY PROSHARES SP market returns are sensitive to returns on the market. As the market goes up or down, IVY PROSHARES is expected to follow. Additionally, the company has an alpha of 0.0199, implying that it can generate a 0.0199 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 14.9HorizonTargetOdds Above 14.9
95.70%90 days
 14.90 
4.24%
Based on a normal probability distribution, the odds of IVY PROSHARES to move above the current price in 90 days from now is nearly 4.24 (This IVY PROSHARES SP probability density function shows the probability of IDAAX Mutual Fund to fall within a particular range of prices over 90 days) .

IVY PROSHARES SP Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IVY PROSHARES market risk premium is the additional return an investor will receive from holding IVY PROSHARES 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 IVY PROSHARES. 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 IVY PROSHARES's alpha and beta are two of the key measurements used to evaluate IVY PROSHARES's performance over the market, the standard measures of volatility play an important role as well.

IVY PROSHARES Against Markets

Picking the right benchmark for IVY PROSHARES 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 IVY PROSHARES 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 IVY PROSHARES is critical whether you are bullish or bearish towards IVY PROSHARES SP at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in IVY PROSHARES 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.

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Invested in IVY PROSHARES SP?

The danger of trading IVY PROSHARES SP 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 IVY PROSHARES 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 IVY PROSHARES. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IVY PROSHARES SP 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.
Please see Risk vs Return Analysis. Note that the IVY PROSHARES SP information on this page should be used as a complementary analysis to other IVY PROSHARES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for IDAAX Mutual Fund analysis

When running IVY PROSHARES SP price analysis, check to measure IVY PROSHARES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IVY PROSHARES is operating at the current time. Most of IVY PROSHARES's value examination focuses on studying past and present price action to predict the probability of IVY PROSHARES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move IVY PROSHARES's price. Additionally, you may evaluate how the addition of IVY PROSHARES to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between IVY PROSHARES's value and its price as these two are different measures arrived at by different means. Investors typically determine IVY PROSHARES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IVY PROSHARES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.