ProFunds Oil Technical Analysis

ProFunds Oil Equipment Svc Dist Inv -- USA Fund  

USD 13.96  0.1  0.72%

ProFunds Oil Equipment Svc Dist Inv holds Coefficient Of Variation of 218.45 and Risk Adjusted Performance of 0.21. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of ProFunds Oil as well as the relationship between them. In other words you can use this information to find out if the fund will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for ProFunds Oil Equipment which can be compared to its competitors. Please check ProFunds Oil Equipment Variance and Potential Upside to decide if ProFunds Oil Equipment is priced some-what accurately providing market reflects its current price of 13.96 per share.
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ProFunds Oil Equipment Technical Analysis

Time Period
  Portfolio Optimization    
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The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ProFunds Oil Equipment volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

ProFunds Oil Equipment Trend Analysis

Use this graph to draw trend lines for ProFunds Oil Equipment Svc Dist Inv. You can use it to identify possible trend reversals for ProFunds Oil as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ProFunds Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ProFunds Oil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ProFunds Oil Equipment Svc Dist Inv applied against its price change over selected period. The best fit line has a slop of 0.12 % which means ProFunds Oil Equipment Svc Dist Inv will continue generating value for investors. It has 34 observation points and a regression sum of squares at 10.98, which is the sum of squared deviations for the predicted ProFunds Oil price change compared to its average price change.

Current Sentiment - OEPIX

ProFunds Oil Equipment Investor Sentiment
Most of Macroaxis users are now bullish on ProFunds Oil Equipment Svc Dist Inv. What is your perspective on investing in ProFunds Oil Equipment Svc Dist Inv? Are you bullish or bearish?
98% Bullish
2% Bearish
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ProFunds Oil Equipment Svc Dist Inv is number one fund in mean deviation among similar funds. It is currently under evaluation in standard deviation among similar funds creating about  1.33  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for ProFunds Oil Equipment Svc Dist Inv is roughly  1.33 

One Year Return

ProFunds Oil Equipment One Year Return
Based on recorded statements ProFunds Oil Equipment Svc Dist Inv has One Year Return of -18.91%. This is 182.66% higher than that of the ProFunds family, and 2.0% lower than that of Equity Energy category, The One Year Return for all funds is 922.17% higher than the company.
  Year Return 
      ProFunds Oil Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

ProFunds Oil Market Strength

ProFunds Oil January 23, 2018 Daily Price Condition