Basic Materials Competition

BMPIX Fund

USD 101.91 1.71 1.65%

Basic Materials Ultr competes with Fidelity Advisor, 1919 Financial, Vanguard Financials, John Hancock, and Prudential Jennison; as well as few others. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. Analyzing Basic Materials competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Basic Materials to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Basic Materials Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Basic Materials competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
100.67	101.91	103.15

Details

Intrinsic

Valuation

Low	Real	High
86.40	87.64	112.10

Details

Basic Materials Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Basic Materials and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Basic and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Basic Materials Ultr does not affect the price movement of the other competitor.

	FIKBX	MCBXX	SBFAX	VFAIX	BTO	PFSQX	MSVIX
FIKBX		0.0	0.76	0.99	0.98	0.99	0.64	FIKBX
MCBXX	0.0		0.0	0.0	0.0	0.0	0.0	MCBXX
SBFAX	0.76	0.0		0.76	0.74	0.8	0.7	SBFAX
VFAIX	0.99	0.0	0.76		0.99	0.97	0.62	VFAIX
BTO	0.98	0.0	0.74	0.99		0.97	0.66	BTO
PFSQX	0.99	0.0	0.8	0.97	0.97		0.72	PFSQX
MSVIX	0.64	0.0	0.7	0.62	0.66	0.72		MSVIX
	FIKBX	MCBXX	SBFAX	VFAIX	BTO	PFSQX	MSVIX

Click cells to compare fundamentals

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High positive correlations

VFAIX	+ 0.99	FIKBX
PFSQX	+ 0.99	FIKBX
BTO	+ 0.99	VFAIX
BTO	+ 0.98	FIKBX
PFSQX	+ 0.97	VFAIX
PFSQX	+ 0.97	BTO

High negative correlations

MSVIX	- 0.0	MCBXX
PFSQX	- 0.0	MCBXX
BTO	- 0.0	MCBXX
VFAIX	- 0.0	MCBXX
SBFAX	- 0.0	MCBXX
MCBXX	- 0.0	FIKBX

Risk-Adjusted Indicators

There is a big difference between Basic Mutual Fund performing well and Basic Materials Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Basic Materials' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FIKBX	0.84	0.02	0.02	0.04	1.06	(0.95)	1.88	(1.41)	11.23
MCBXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SBFAX	0.93	(0.10)	0.00	(0.05)	0.00	0.00	1.72	(1.51)	16.49
VFAIX	0.77	0.07	0.07	0.07	0.89	(0.85)	1.77	(1.34)	10.75
BTO	1.04	0.07	0.06	0.06	1.30	(1.06)	2.03	(1.71)	13.54
PFSQX	0.82	(0.06)	0.00	(0.03)	0.00	0.00	1.55	(1.72)	10.27
MSVIX	0.83	(0.18)	0.00	(0.09)	0.00	0.00	1.64	(1.37)	15.10

Unable to evaluate fundamental data of [FIKBX, MCBXX, SBFAX, VFAIX, BTO, PFSQX, MSVIX] at this time. Please try again later

All Fundamental Data

Basic Materials Competitive Analysis

The better you understand Basic Materials competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Basic Materials' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Basic Materials' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	BMPIX	FIKBX	MCBXX	SBFAX	VFAIX	BTO	PFSQX	MSVIX
	1.65 101.91 Basic	3.46 36.23 Fidelity	0.00 1.00 Blackrock	1.15 28.96 1919	1.44 59.20 Vanguard	2.31 34.92 John	5.52 23.97 Prudential	0.81 12.51 Mesirow
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	Very Weak	Insignificant	Very Weak	Very Weak	OK	Modest	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	About Average	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Hold	Hold	Strong Hold	Buy	Buy	Strong Hold	Strong Hold
Net Asset	5.93 M	271.8 M	1000 K	127.89 M	8.92 B	N/A	98.84 M	27.17 M
Minimum Initial Investment	15 K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	3.25 X	N/A	N/A	1.61 X	1.36 X	1.14 X	N/A	N/A
Five Year Return	11.05 %	13.17 %	N/A	8.19 %	12.34 %	7.58 %	13.36 %	10.58 %
One Year Return	6.78 %	34.76 %	N/A	29.84 %	36.58 %	26.86 %	35.86 %	16.93 %
Last Dividend Paid	N/A	0.54	N/A	0.25	N/A	2.6	0.12	0.05
Price To Earning	1.60 X	N/A	N/A	16.80 X	14.37 X	2.71 X	N/A	N/A
Beta	N/A	N/A	N/A	N/A	N/A	1.5	N/A	N/A
Price To Sales	1.50 X	N/A	N/A	2.89 X	2.36 X	32.25 X	N/A	N/A
Cash Position Weight	26.92 %	0.88 %	N/A	1.83 %	0.87 %	N/A	0.49 %	3.42 %
Equity Positions Weight	73.08 %	99.12 %	N/A	98.17 %	99.13 %	N/A	99.51 %	96.58 %
Three Year Return	2.10 %	13.35 %	N/A	4.89 %	10.92 %	6.26 %	11.65 %	9.05 %
Annual Yield	0.01 %	0.02 %	N/A	0.01 %	0.02 %	0.01 %	0.01 %	0.01 %
Year To Date Return	3.00 %	32.56 %	N/A	28.62 %	33.90 %	24.83 %	32.85 %	14.70 %
Ten Year Return	5.04 %	6.37 %	N/A	9.37 %	8.75 %	N/A	5.86 %	N/A
Day Typical Price	101.91	36.23	1.0	28.96	59.2	34.74	23.97	12.51
Accumulation Distribution	N/A	N/A	N/A	N/A	N/A	0.0231	N/A	N/A
Market Facilitation Index	N/A	N/A	N/A	N/A	N/A	0.81	N/A	N/A
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	0.0	9.2 T	9.2 T	0.9753	(9,223,372,036,855)	9.2 T
Period Momentum Indicator	(1.71)	(1.30)	N/A	0.33	0.84	0.79	(1.40)	0.1
Rate Of Daily Change	0.98	0.97	1.0	1.01	1.01	1.02	0.94	1.01
Day Median Price	101.91	36.23	1.0	28.96	59.2	34.66	23.97	12.51
Price Action Indicator	(0.86)	(0.65)	N/A	0.17	0.42	0.66	(0.70)	0.05
Coefficient Of Variation	(472.25)	2475.74	N/A	(3,107)	1169.99	1396.6	(6,033)	(1,202)
Mean Deviation	0.9792	0.8371	N/A	0.9296	0.7723	1.04	0.8233	0.8343
Jensen Alpha	(0.30)	0.0175	N/A	(0.1)	0.0668	0.0696	(0.06)	(0.18)
Total Risk Alpha	(0.31)	0.0074	N/A	(0.12)	0.0622	0.061	(0.07)	(0.19)
Sortino Ratio	N/A	0.0213	N/A	N/A	0.0726	0.0577	N/A	N/A
Downside Variance	N/A	1.33	N/A	N/A	1.07	2.14	N/A	N/A
Standard Deviation	1.24	1.4	N/A	1.74	1.26	1.63	1.41	1.64
Kurtosis	0.9241	13.48	N/A	17.08	12.68	10.82	10.14	28.02
Potential Upside	1.84	1.88	N/A	1.72	1.77	2.03	1.55	1.64
Treynor Ratio	(0.27)	0.0355	N/A	(0.05)	0.0706	0.064	(0.03)	(0.09)
Maximum Drawdown	7.34	11.23	N/A	16.49	10.75	13.54	10.27	15.1
Variance	1.54	1.97	N/A	3.04	1.58	2.65	1.99	2.7
Market Risk Adjusted Performance	(0.26)	0.0455	N/A	(0.04)	0.0806	0.074	(0.02)	(0.08)
Risk Adjusted Performance	(0.16)	0.0364	N/A	(0.02)	0.0714	0.0619	(0.01)	(0.06)
Skewness	(0.09)	2.1	N/A	(1.80)	1.87	1.56	0.4992	(3.97)
Semi Deviation	N/A	1.06	N/A	N/A	0.8857	1.3	N/A	N/A
Information Ratio	(0.24)	0.0175	N/A	(0.05)	0.0599	0.0518	(0.04)	(0.10)
Value At Risk	(2.01)	(1.41)	N/A	(1.51)	(1.34)	(1.71)	(1.72)	(1.37)
Expected Short fall	N/A	(0.95)	N/A	N/A	(0.85)	(1.06)	N/A	N/A
Downside Deviation	N/A	1.15	N/A	N/A	1.04	1.46	N/A	N/A
Semi Variance	N/A	1.12	N/A	N/A	0.7845	1.7	N/A	N/A

Basic Materials Competition Performance Charts

Five steps to successful analysis of Basic Materials Competition

Basic Materials' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Basic Materials Ultr in relation to its competition. Basic Materials' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Basic Materials in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Basic Materials' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Basic Materials Ultr, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Basic Materials position

In addition to having Basic Materials in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Office Supplies

Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Office Supplies Theme or any other thematic opportunities.

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Other Information on Investing in Basic Mutual Fund

Basic Materials financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Materials security.

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