Technology Ultrasector Financial Statements From 2010 to 2024
| TEPSX Fund | USD 31.11 0.66 2.08% |
Check Technology Ultrasector financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Technology Ultrasector's main balance sheet or income statement drivers, such as , as well as many indicators such as . TECHNOLOGY financial statements analysis is a perfect complement when working with Technology Ultrasector Valuation or Volatility modules.
TECHNOLOGY |
Technology Ultrasector Profund Mutual Fund Price To Earning Analysis
Technology Ultrasector's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Technology Ultrasector Price To Earning | 1.56 X |
Most of Technology Ultrasector's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Technology Ultrasector Profund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Technology Ultrasector Price To Earning Component Assessment
Based on the latest financial disclosure, Technology Ultrasector Profund has a Price To Earning of 1.56 times. This is 93.37% lower than that of the ProFunds family and 92.89% lower than that of the Family category. The price to earning for all United States funds is 76.11% higher than that of the company.
Technology Ultrasector Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Technology Ultrasector's current stock value. Our valuation model uses many indicators to compare Technology Ultrasector value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Technology Ultrasector competition to find correlations between indicators driving Technology Ultrasector's intrinsic value. More Info.Technology Ultrasector Profund is rated fifth largest fund in price to earning among similar funds. It also is rated fifth largest fund in price to book among similar funds fabricating about 2.46 of Price To Book per Price To Earning. 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 Technology Ultrasector's earnings, one of the primary drivers of an investment's value.About Technology Ultrasector Financial Statements
Technology Ultrasector investors use historical fundamental indicators, such as Technology Ultrasector's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Technology Ultrasector. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes equity securities of companies from the following GICS industries IT services software communications equipment technology, hardware, storage peripherals electronic equipment, instruments, components and semiconductors semiconductor equipment. The fund is non-diversified.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in TECHNOLOGY Mutual Fund
Technology Ultrasector financial ratios help investors to determine whether TECHNOLOGY Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TECHNOLOGY with respect to the benefits of owning Technology Ultrasector security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |