Financials Ultrasector Profund Fund Quote

FNPIX Fund  USD 32.31  0.10  0.31%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 20

 
High
 
Low
Low
Financials Ultrasector is trading at 32.31 as of the 18th of April 2024; that is 0.31 percent up since the beginning of the trading day. The fund's open price was 32.21. Financials Ultrasector has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Financials Ultrasector Profund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
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. More on Financials Ultrasector Profund

Moving together with Financials Mutual Fund

  0.75TEPIX Technology UltrasectorPairCorr
  0.93LGPIX Large Cap GrowthPairCorr

Moving against Financials Mutual Fund

  0.97UIPIX Ultrashort Mid Cap Steady GrowthPairCorr
  0.97UIPSX Ultrashort Mid Cap Steady GrowthPairCorr
  0.97BRPIX Bear Profund Bear Steady GrowthPairCorr
  0.97BRPSX Bear Profund Bear Steady GrowthPairCorr
  0.9UKPSX Ultrashort Japan ProfundPairCorr
  0.9UKPIX Ultrashort Japan ProfundPairCorr

Financials 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. Financials Ultrasector's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Financials Ultrasector or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaMoney Funds (View all Themes)
Fund ConcentrationProFunds Funds, Large Value Funds, Trading--Leveraged Equity Funds, Money Funds, Trading--Leveraged Equity, ProFunds, Large Blend, Trading--Leveraged Equity (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of November 2022
Fiscal Year EndJuly
Financials Ultrasector Profund [FNPIX] is traded in USA and was established 18th of April 2024. Financials Ultrasector is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. The entity is thematically classified as Money Funds. This fund currently has accumulated 5.26 M in assets under management (AUM) with minimum initial investment of 15 K. Financials Ultrasector is currently producing year-to-date (YTD) return of 8.9% with the current yeild of 0.0%, while the total return for the last 3 years was 5.11%.
Check Financials Ultrasector Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Financials Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Financials Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Financials Ultrasector Profund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Financials Ultrasector Profund Mutual Fund Constituents

AMTAmerican Tower CorpStockReal Estate
AXPAmerican ExpressStockFinancials
BACBank of AmericaStockFinancials
CCitigroupStockFinancials
CMECME GroupStockFinancials
JPMJPMorgan Chase CoStockFinancials
MAMastercardStockFinancials
More Details

Financials Ultrasector Target Price Odds Analysis

Based on a normal probability distribution, the odds of Financials Ultrasector jumping above the current price in 90 days from now is about 61.32%. The Financials Ultrasector Profund probability density function shows the probability of Financials Ultrasector 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 1.3939. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Financials Ultrasector will likely underperform. Additionally, financials Ultrasector Profund has an alpha of 0.0451, implying that it can generate a 0.0451 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 32.31HorizonTargetOdds Above 32.31
38.44%90 days
 32.31 
61.32%
Based on a normal probability distribution, the odds of Financials Ultrasector to move above the current price in 90 days from now is about 61.32 (This Financials Ultrasector Profund probability density function shows the probability of Financials Mutual Fund to fall within a particular range of prices over 90 days) .

Financials Ultrasector Risk Profiles

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

Financials Ultrasector Against Markets

Picking the right benchmark for Financials Ultrasector 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 Financials Ultrasector 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 Financials Ultrasector is critical whether you are bullish or bearish towards Financials Ultrasector Profund at a given time. Please also check how Financials Ultrasector's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Financials Ultrasector 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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How to buy Financials Mutual Fund?

Before investing in Financials Ultrasector, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Financials Ultrasector. To buy Financials Ultrasector fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Financials Ultrasector. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Financials Ultrasector fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Financials Ultrasector Profund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Financials Ultrasector Profund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Financials Ultrasector Profund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Financials Ultrasector Profund?

The danger of trading Financials Ultrasector Profund 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 Financials Ultrasector 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 Financials Ultrasector. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Financials Ultrasector 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Financials Ultrasector Profund. 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 gross domestic product.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Financials Ultrasector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Financials Ultrasector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Financials Ultrasector'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.