Nasdaq-100 Profund Financials
| OTPSX Fund | USD 121.47 0.23 0.19% |
Nasdaq-100 |
Please note that past performance is not an indicator of the future performance of Nasdaq-100 Profund, 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.
Nasdaq-100 Profund Fund Summary
Nasdaq-100 Profund competes with American Funds, American Funds, Growth Fund, and Growth Fund. The fund invests in financial instruments that ProFund Advisors believes, in combination, should track the performance of the index. Nasdaq-100 Profund is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Profunds |
| Mutual Fund Family | ProFunds |
| Mutual Fund Category | Large Growth |
| Benchmark | NYSE Composite |
| Phone | 888 776 3637 |
| Currency | USD - US Dollar |
Nasdaq-100 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nasdaq-100 Profund's current stock value. Our valuation model uses many indicators to compare Nasdaq-100 Profund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nasdaq-100 Profund competition to find correlations between indicators driving Nasdaq-100 Profund's intrinsic value. More Info.Nasdaq 100 Profund Nasdaq 100 is regarded third largest fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 2.51 of Price To Book per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nasdaq-100 Profund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nasdaq-100 Profund'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 Nasdaq-100 Profund's earnings, one of the primary drivers of an investment's value.Nasdaq 100 Profund Systematic Risk
Nasdaq-100 Profund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nasdaq-100 Profund 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Nasdaq 100 Profund correlated with the market. If Beta is less than 0 Nasdaq-100 Profund generally moves in the opposite direction as compared to the market. If Nasdaq-100 Profund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nasdaq 100 Profund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nasdaq-100 Profund is generally in the same direction as the market. If Beta > 1 Nasdaq-100 Profund moves generally in the same direction as, but more than the movement of the benchmark.
Nasdaq-100 Profund May 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nasdaq-100 Profund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nasdaq 100 Profund Nasdaq 100. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nasdaq 100 Profund Nasdaq 100 based on widely used predictive technical indicators. In general, we focus on analyzing Nasdaq-100 Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nasdaq-100 Profund's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.06 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.63 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Nasdaq 100 Profund Nasdaq 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.