ProFunds Oil Technical Analysis

ProFunds Oil Equipment Svc Dist Svc -- USA Fund  

USD 9.73  0.27  2.7%

ProFunds Oil Equipment Svc Dist Svc holds Coefficient Of Variation of (438.38) and Risk Adjusted Performance of (0.07471). 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 9.73 per share.
Investment Horizon     30 Days    Login   to change

ProFunds Oil Equipment Trend Analysis

Use this graph to draw trend lines for ProFunds Oil Equipment Svc Dist Svc. 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 Svc applied against its price change over selected period. The best fit line has a slop of 0.002181 % which means ProFunds Oil Equipment Svc Dist Svc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted ProFunds Oil price change compared to its average price change.

Current Sentiment - OEPSX

ProFunds Oil Equipment Investor Sentiment
Most of Macroaxis users are now bullish on ProFunds Oil Equipment Svc Dist Svc. What is your perspective on investing in ProFunds Oil Equipment Svc Dist Svc? Are you bullish or bearish?
98% Bullish
2% Bearish
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ProFunds Oil Equipment Svc Dist Svc is number one fund in mean deviation among similar funds. It is currently under evaluation in standard deviation among similar funds creating about  1.38  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for ProFunds Oil Equipment Svc Dist Svc is roughly  1.38 

One Year Return

ProFunds Oil Equipment One Year Return
Based on recorded statements ProFunds Oil Equipment Svc Dist Svc has One Year Return of -19.68%. This is 194.17% higher than that of the ProFunds family, and 2.0% higher than that of Equity Energy category, The One Year Return for all funds is 955.65% 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.