Utilities Ultrasector Financial Statements From 2010 to 2024
| UTPIX Fund | USD 79.17 0.03 0.04% |
Check Utilities Ultrasector financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Utilities Ultrasector's main balance sheet or income statement drivers, such as , as well as many indicators such as . Utilities financial statements analysis is a perfect complement when working with Utilities Ultrasector Valuation or Volatility modules.
Utilities |
Utilities Ultrasector Profund Mutual Fund Price To Earning Analysis
Utilities 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 Utilities Ultrasector Price To Earning | 19.12 X |
Most of Utilities 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, Utilities 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.
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Utilities Ultrasector Price To Earning Component Assessment
Based on the latest financial disclosure, Utilities Ultrasector Profund has a Price To Earning of 19.12 times. This is 18.78% lower than that of the ProFunds family and 12.81% lower than that of the Family category. The price to earning for all United States funds is 192.8% lower than that of the firm.
Utilities Ultrasector Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Utilities Ultrasector's current stock value. Our valuation model uses many indicators to compare Utilities Ultrasector value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Utilities Ultrasector competition to find correlations between indicators driving Utilities Ultrasector's intrinsic value. More Info.Utilities Ultrasector Profund is presently regarded as number one fund in price to earning among similar funds. It also is presently regarded as number one fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Utilities Ultrasector Profund is roughly 10.17 . 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 Utilities Ultrasector's earnings, one of the primary drivers of an investment's value.About Utilities Ultrasector Financial Statements
Utilities Ultrasector investors use historical fundamental indicators, such as Utilities 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 Utilities 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 is constructed and maintained by SP Dow Jones Indices LLC. The index represents the utilities sector of the SP 500 Index . The fund is non-diversified.
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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 Utilities Mutual Fund
Utilities Ultrasector financial ratios help investors to determine whether Utilities 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 Utilities with respect to the benefits of owning Utilities Ultrasector security.
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