Oil Gas Ultrasector Fund Fundamentals
| ENPSX Fund | USD 40.72 0.49 1.19% |
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.
Oil |
Oil Gas Ultrasector Mutual Fund Year To Date Return Analysis
Oil Gas' Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Oil Gas Year To Date Return | 17.14 % |
Most of Oil Gas' fundamental indicators, such as Year To Date Return, 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, Oil Gas Ultrasector is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
According to the company's disclosures, Oil Gas Ultrasector has a Year To Date Return of 17.1386%. This is much higher than that of the ProFunds family and significantly higher than that of the Trading--Leveraged Equity category. The year to date return for all United States funds is notably lower than that of the firm.
Oil Gas Ultrasector Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oil Gas's current stock value. Our valuation model uses many indicators to compare Oil Gas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oil Gas competition to find correlations between indicators driving Oil Gas's intrinsic value. More Info.Oil Gas Ultrasector is rated # 4 fund in price to earning among similar funds. It is rated # 5 fund in price to book among similar funds fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oil Gas Ultrasector is roughly 21.07 . 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 Gas' earnings, one of the primary drivers of an investment's value.Oil Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Gas' direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Oil Gas could also be used in its relative valuation, which is a method of valuing Oil Gas by comparing valuation metrics of similar companies.Oil Gas is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Oil Gas
The fund consists of 77.51% 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 | 32.66 X | |||
| Price To Book | 1.55 X | |||
| Price To Sales | 1.32 X | |||
| Total Asset | 44.15 M | |||
| Year To Date Return | 17.14 % | |||
| One Year Return | 16.32 % | |||
| Three Year Return | 24.24 % | |||
| Five Year Return | 12.28 % | |||
| Ten Year Return | (7.33) % | |||
| Net Asset | 25.64 M | |||
| Last Dividend Paid | 0.14 | |||
| Cash Position Weight | 18.18 % | |||
| Equity Positions Weight | 77.51 % |
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.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 energy 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 Oil Mutual Fund
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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