Oil Equipment Financials
| OEPSX Fund | USD 84.75 0.33 0.39% |
Oil |
Please note that you must use caution to infer results of funds 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.
Oil Equipment Fund Summary
Oil Equipment competes with Arrow Managed, Materials Portfolio, Falcon Focus, Balanced Fund, and T Rowe. 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 oil gas equipment services segment of the SP Total Market Index, which comprises the following sub-industries oil gas drilling and oil gas equipment services. It is non-diversified.Specialization | Trading--Leveraged Equity, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Profunds |
| Mutual Fund Family | ProFunds |
| Mutual Fund Category | Trading--Leveraged Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 888 776 3637 |
| Currency | USD - US Dollar |
Oil Equipment Key Financial Ratios
Oil Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oil Equipment's current stock value. Our valuation model uses many indicators to compare Oil Equipment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oil Equipment competition to find correlations between indicators driving Oil Equipment's intrinsic value. More Info.Oil Equipment Services is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oil Equipment Services is roughly 16.12 . 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 Oil Equipment's earnings, one of the primary drivers of an investment's value.Oil Equipment Services Systematic Risk
Oil Equipment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oil Equipment 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Oil Equipment Services correlated with the market. If Beta is less than 0 Oil Equipment generally moves in the opposite direction as compared to the market. If Oil Equipment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oil Equipment Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oil Equipment is generally in the same direction as the market. If Beta > 1 Oil Equipment moves generally in the same direction as, but more than the movement of the benchmark.
Oil Equipment Thematic Clasifications
Oil Equipment Services is part of Macroaxis Index 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. Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system
This theme covers Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. Get More Thematic Ideas
Oil Equipment Services is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Trading--Leveraged Equity category is currently estimated at about 62.55 Billion. Oil Equipment adds roughly 8.11 Million in net asset claiming only tiny portion of funds listed under Trading--Leveraged Equity category.| Macroaxis Index | View |
Oil Equipment November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Oil Equipment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oil Equipment Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oil Equipment Services based on widely used predictive technical indicators. In general, we focus on analyzing Oil Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oil Equipment's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (5.32) | |||
| Potential Upside | 4.28 |
Other Information on Investing in Oil Mutual Fund
Oil Equipment financial ratios help investors to determine whether Oil 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 Oil with respect to the benefits of owning Oil Equipment security.
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