Semiconductor Ultrasector Financials
| SMPIX Fund | USD 267.33 15.01 5.95% |
Semiconductor |
Please note that past performance is not an indicator of the future performance of Semiconductor 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.
Semiconductor Ultrasector Fund Summary
Semiconductor Ultrasector competes with Nasdaq 100, Ultra Nasdaq, Ultranasdaq 100, Direxion Monthly, and Internet Ultrasector. The fund invests in financial instruments that the adviser believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the stock performance of U.S. companies in the semiconductors sub-sector. The fund is non-diversified.Specialization | Trading--Leveraged Equity, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7431854493 |
| Business Address | Profunds |
| Mutual Fund Family | ProFunds |
| Mutual Fund Category | Trading--Leveraged Equity |
| Benchmark | NYSE Composite |
| Phone | 888 776 3637 |
| Currency | USD - US Dollar |
Semiconductor Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Semiconductor Ultrasector's current stock value. Our valuation model uses many indicators to compare Semiconductor Ultrasector value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Semiconductor Ultrasector competition to find correlations between indicators driving Semiconductor Ultrasector's intrinsic value. More Info.Semiconductor Ultrasector Profund is rated second largest fund in price to earning among similar funds. It is rated fifth largest fund in price to book among similar funds fabricating about 0.25 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Semiconductor Ultrasector Profund is roughly 4.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Semiconductor Ultrasector by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Semiconductor 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Semiconductor Ultrasector's earnings, one of the primary drivers of an investment's value.Semiconductor Ultrasector Systematic Risk
Semiconductor Ultrasector's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Semiconductor 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Semiconductor Ultrasector correlated with the market. If Beta is less than 0 Semiconductor Ultrasector generally moves in the opposite direction as compared to the market. If Semiconductor Ultrasector Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Semiconductor Ultrasector is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Semiconductor Ultrasector is generally in the same direction as the market. If Beta > 1 Semiconductor Ultrasector moves generally in the same direction as, but more than the movement of the benchmark.
Semiconductor Ultrasector Thematic Clasifications
Semiconductor Ultrasector Profund is part of several thematic ideas from Hybrid Mix Funds to Large Blend Funds. 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. Get More Thematic IdeasSemiconductor Ultrasector Profund is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Trading--Leveraged Equity category is currently estimated at about 2.8 Billion. Semiconductor Ultrasector holds roughly 123.22 Million in net asset claiming about 4% of funds listed under Trading--Leveraged Equity category.Semiconductor Ultrasector April 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Semiconductor Ultrasector help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Semiconductor Ultrasector Profund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Semiconductor Ultrasector Profund based on widely used predictive technical indicators. In general, we focus on analyzing Semiconductor Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Semiconductor Ultrasector's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.0857 | |||
| Maximum Drawdown | 24.09 | |||
| Value At Risk | (4.96) | |||
| Potential Upside | 5.84 |
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