Financials Ultrasector Financials
| FNPIX Fund | USD 34.15 0.39 1.16% |
Financials |
Please note that past performance is not an indicator of the future performance of Financials Ultrasector, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Financials Ultrasector Fund Summary
Financials Ultrasector competes with Morningstar Unconstrained, Via Renewables, Jpmorgan Equity, Knife River, and Ampleforth. The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is one of eleven SP Select Sector Indices, each designed to measure the performance of a sector of the SP 500. The fund is non-diversified.Specialization | Trading--Leveraged Equity, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Profunds |
| Mutual Fund Family | ProFunds |
| Mutual Fund Category | Trading--Leveraged Equity |
| Benchmark | NYSE Composite |
| Phone | 888 776 3637 |
| Currency | USD - US Dollar |
You should never invest in Financials Ultrasector Profund without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Financials Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Financials Ultrasector's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Financials Ultrasector Key Financial Ratios
Generally speaking, Financials Ultrasector's financial ratios allow both analysts and investors to convert raw data from Financials Ultrasector's financial statements into concise, actionable information that can be used to evaluate the performance of Financials Ultrasector over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Financials Ultrasector reports annually and quarterly.Financials Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Financials Ultrasector's current stock value. Our valuation model uses many indicators to compare Financials Ultrasector value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Financials Ultrasector competition to find correlations between indicators driving Financials Ultrasector's intrinsic value. More Info.Financials Ultrasector Profund is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Financials Ultrasector Profund is roughly 11.45 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Financials Ultrasector by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Financials Ultrasector's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Financials Ultrasector Systematic Risk
Financials Ultrasector's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Financials Ultrasector volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Beta measures systematic risk based on how returns on Financials Ultrasector correlated with the market. If Beta is less than 0 Financials Ultrasector generally moves in the opposite direction as compared to the market. If Financials Ultrasector Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Financials Ultrasector is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Financials Ultrasector is generally in the same direction as the market. If Beta > 1 Financials Ultrasector moves generally in the same direction as, but more than the movement of the benchmark.
Financials Ultrasector Thematic Clasifications
Financials Ultrasector Profund is part of Money Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in financial sector. Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate
This theme covers Funds investing in financial sector. Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. Get More Thematic Ideas
Financials Ultrasector Profund is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Trading--Leveraged Equity category is currently estimated at about 11.22 Billion. Financials Ultrasector adds roughly 5.26 Million in net asset claiming only tiny portion of funds listed under Trading--Leveraged Equity category.| Money Funds | View |
Financials Ultrasector June 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Financials Ultrasector help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Financials Ultrasector Profund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Financials Ultrasector Profund based on widely used predictive technical indicators. In general, we focus on analyzing Financials Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Financials Ultrasector's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.18 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 4.29 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.75 |
Other Information on Investing in Financials Mutual Fund
Financials Ultrasector financial ratios help investors to determine whether Financials 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 Financials with respect to the benefits of owning Financials Ultrasector security.
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