Oil Gas Ultrasector Fund Debt To Equity
ENPIX Fund | USD 47.20 0.07 0.15% |
Oil Gas Ultrasector fundamentals help investors to digest information that contributes to Oil Gas' financial success or failures. It also enables traders to predict the movement of Oil Mutual Fund. The fundamental analysis module provides a way to measure Oil Gas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil Gas mutual fund.
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Oil Gas Ultrasector Mutual Fund Debt To Equity Analysis
Oil Gas' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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According to the company disclosure, Oil Gas Ultrasector has a Debt To Equity of 0.0%. This indicator is about the same for the ProFunds average (which is currently at 0.0) family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Oil Gas
The fund consists of 71.19% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Oil Gas' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Oil Fundamentals
Price To Earning | 38.91 X | ||||
Price To Book | 1.57 X | ||||
Price To Sales | 1.35 X | ||||
Total Asset | 31 M | ||||
Annual Yield | 0.01 % | ||||
Year To Date Return | 22.92 % | ||||
One Year Return | 22.36 % | ||||
Three Year Return | 29.64 % | ||||
Five Year Return | 14.51 % | ||||
Ten Year Return | (6.40) % | ||||
Net Asset | 32.2 M | ||||
Minimum Initial Investment | 15 K | ||||
Last Dividend Paid | 0.23 | ||||
Cash Position Weight | 26.46 % | ||||
Equity Positions Weight | 71.19 % |
About Oil Gas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oil Gas Ultrasector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Gas Ultrasector based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Oil Gas 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 Gas security.
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