Short Precious Financials
| SPPIX Fund | USD 11.50 0.42 3.79% |
Short |
Please note that past performance is not an indicator of the future performance of Short Precious, 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.
Short Precious Fund Summary
Short Precious competes with Short Real, Short Real, Ultrashort Mid, Ultrashort Mid-cap, and Technology Ultrasector. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index seeks to measure the performance of certain companies in the precious metals mining sector. The fund is non-diversified.Specialization | Trading--Inverse Commodities, Trading--Inverse Commodities |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Profunds |
| Mutual Fund Family | ProFunds |
| Mutual Fund Category | Trading--Inverse Commodities |
| Benchmark | NYSE Composite |
| Phone | 888 776 3637 |
| Currency | USD - US Dollar |
You should never invest in Short Precious Metals without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Short Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Short Precious' prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Short Precious Key Financial Ratios
Generally speaking, Short Precious' financial ratios allow both analysts and investors to convert raw data from Short Precious' financial statements into concise, actionable information that can be used to evaluate the performance of Short Precious over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Short Precious Metals reports annually and quarterly.Short Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Short Precious's current stock value. Our valuation model uses many indicators to compare Short Precious value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Short Precious competition to find correlations between indicators driving Short Precious's intrinsic value. More Info.Short Precious Metals is rated top fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 1.70 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Short Precious by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Short Precious' 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 Short Precious' earnings, one of the primary drivers of an investment's value.Short Precious Metals Systematic Risk
Short Precious' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Short Precious 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Short Precious Metals correlated with the market. If Beta is less than 0 Short Precious generally moves in the opposite direction as compared to the market. If Short Precious Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Short Precious Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Short Precious is generally in the same direction as the market. If Beta > 1 Short Precious moves generally in the same direction as, but more than the movement of the benchmark.
Short Precious Thematic Clasifications
Short Precious Metals is part of Precious Metals Funds investing theme. 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. Funds investing in various precious metals. Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals
This theme covers Funds investing in various precious metals. Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. Get More Thematic Ideas
Short Precious Metals is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Trading--Inverse Commodities category is currently estimated at about 239.47 Million. Short Precious claims roughly 3.96 Million in net asset contributing just under 2% to funds listed under Trading--Inverse Commodities category.| Precious Metals Funds | View |
Short Precious April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Short Precious help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Short Precious Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Short Precious Metals based on widely used predictive technical indicators. In general, we focus on analyzing Short Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Short Precious's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 3.17 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Short Precious Metals. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.