Precious Metals Competition

Mutual Funds . USA . 
Fund . Precious Metals Ultrasector
PMPSX Fund  USD 43.32  1.62  3.60%   
Precious Metals Ultr competes with Short Real, Short Real, Ultrashort Mid, Ultrashort Mid, and Technology Ultrasector; as well as few others. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. Analyzing Precious Metals 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 Precious Metals to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Precious Metals 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 Precious Metals competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Precious Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
40.4643.3246.18
Details
Intrinsic
Valuation
LowRealHigh
38.3441.2044.06
Details
Naive
Forecast
LowNextHigh
38.8641.7244.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
40.7444.9049.06
Details

Precious Metals Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Precious Metals 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 Precious 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 Precious Metals Ultr does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
SRPSX
+ 1.0
SRPIX
UIPSX
+ 1.0
UIPIX
TEPSX
+ 1.0
TEPIX
LGPSX
+ 1.0
LGPIX
BRPSX
+ 1.0
BRPIX
BRPIX
+ 0.95
UIPIX
  
High negative correlations   
BRPSX
- 0.97
LGPSX
BRPIX
- 0.97
LGPSX
BRPSX
- 0.97
LGPIX
BRPIX
- 0.97
LGPIX
BRPSX
- 0.94
TEPSX
BRPIX
- 0.94
TEPSX

Risk-Adjusted Indicators

There is a big difference between Precious Mutual Fund performing well and Precious Metals 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 Precious Metals' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SRPIX  0.72  0.08 (0.02)(1.28) 0.71 
(0.83)
 1.65 
(1.25)
 4.28 
SRPSX  0.71  0.07 (0.02)(1.59) 0.70 
(0.84)
 1.78 
(1.19)
 4.27 
UIPIX  1.32 (0.07) 0.00  0.12  0.00 
 0.00 
 2.00 
(3.33)
 10.87 
UIPSX  1.32 (0.07) 0.00  0.12  0.00 
 0.00 
 2.06 
(3.32)
 10.88 
TEPIX  1.25  0.06  0.05  0.14  1.64 
(1.30)
 2.79 
(3.15)
 9.19 
TEPSX  1.25  0.06  0.05  0.14  1.65 
(1.30)
 2.80 
(3.14)
 9.21 
LGPIX  0.63  0.10  0.07  0.22  0.67 
(0.63)
 1.55 
(1.39)
 5.24 
LGPSX  0.64  0.10  0.07  0.22  0.68 
(0.65)
 1.55 
(1.41)
 5.23 
BRPIX  0.48 (0.04) 0.00  0.15  0.00 
 0.00 
 0.94 
(0.92)
 4.41 
BRPSX  0.47 (0.05) 0.00  0.15  0.00 
 0.00 
 0.95 
(0.94)
 4.28 
All Fundamental Data

Precious Metals Competitive Analysis

The better you understand Precious Metals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Precious Metals' 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 Precious Metals' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
PMPSX SRPIX SRPSX UIPIX UIPSX TEPIX TEPSX LGPIX LGPSX BRPIX
 3.60 
 43.32 
Precious
 0.49 
 8.14 
Short
 0.43 
 6.93 
Short
 1.02 
 27.85 
Ultrashort
 1.01 
 24.03 
Ultrashort
 0.67 
 41.95 
Technology
 0.68 
 32.55 
Technology
 0.19 
 46.78 
Large
 0.19 
 36.16 
Profunds
 0.53 
 11.32 
Bear
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Not too volatile
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
OK
OK
Very Weak
Very Weak
OK
OK
Good
Good
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Under Valued
Under 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
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Hold
Hold
Strong Buy
Strong Buy
Strong Sell
Net Asset
19.18 M
1.83 M
2.55 M
1.52 M
1.42 M
79.29 M
73.33 M
14.54 M
37.85 M
8.57 M
Minimum Initial Investment
N/A
15 K
N/A
15 K
N/A
N/A
15 K
15 K
N/A
15 K
Price To Book
1.42
N/A
N/A
N/A
N/A
3.83
3.83
4.44
4.44
N/A
Five Year Return
2.09
-7.78
-8.71
-31.05
-31.22
27.62
26.34
16.04
14.88
-14.83
One Year Return
22.68
-11.39
-12.25
-35.08
-30.33
43.33
41.84
39.81
38.1
-19.5
Last Dividend Paid
1.74
0.92
0.68
0.08
0.09
N/A
N/A
N/A
N/A
0.01
Price To Earning
31.55
N/A
N/A
N/A
N/A
2.02
1.56
22.07
22.07
N/A
Price To Sales
2.78
N/A
N/A
N/A
N/A
2.89
2.89
2.62
2.62
N/A
Cash Position Weight
25.27
100.0
105.13
84.66
126.55
19.11
23.65
N/A
0.02
85.84
Equity Positions Weight
70.55
N/A
N/A
N/A
-20.35
76.66
76.35
100.0
99.98
N/A
Three Year Return
-1.22
1.7
0.58
-16.25
-16.92
9.5
8.39
6.7
5.18
-6.98
Annual Yield
0.0046
0.0241
0.0081
8.23
4.79
N/A
N/A
N/A
N/A
0.67
Year To Date Return
17.24
0.36
4.55
0.64
1.84
32.7
31.41
35.9
34.32
0.44
Ten Year Return
-9.85
-12.89
-13.71
-27.8
-28.51
23.02
21.78
13.35
12.22
-14.66
Day Typical Price
43.32
8.14
6.93
27.85
24.03
41.95
32.55
46.78
36.16
11.32
Daily Balance Of Power
(9,223,372,036,855)
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
Period Momentum Indicator
(1.62)
0.04
0.03
0.28
0.24
0.28
0.22
0.09
0.07
0.06
Rate Of Daily Change
0.96
1.0
1.0
1.01
1.01
1.01
1.01
1.0
1.0
1.01
Day Median Price
43.32
8.14
6.93
27.85
24.03
41.95
32.55
46.78
36.16
11.32
Price Action Indicator
(0.81)
0.02
0.015
0.14
0.12
0.14
0.11
0.045
0.035
0.03
Relative Strength Index
40.41
35.94
35.58
24.87
24.96
54.49
54.27
55.73
55.34
35.76
Coefficient Of Variation
(1,660)
1048.01
1124.9
(704.92)
(704.62)
897.7
915.94
514.4
527.25
(672.46)
Mean Deviation
2.16
0.7198
0.712
1.32
1.32
1.25
1.25
0.6327
0.6352
0.4786
Jensen Alpha
(0.16)
0.0816
0.0742
(0.07)
(0.07)
0.0631
0.0598
0.099
0.095
(0.04)
Total Risk Alpha
(0.54)
(0.04)
(0.04)
(0.50)
(0.50)
(0.03)
(0.04)
0.0533
0.0491
(0.19)
Sortino Ratio
N/A
(0.02)
(0.02)
N/A
N/A
0.0498
0.0476
0.0745
0.0701
N/A
Downside Variance
N/A
0.6805
0.6447
N/A
N/A
3.45
3.47
1.02
1.04
N/A
Standard Deviation
2.86
0.9042
0.9027
1.83
1.83
1.73
1.73
0.9024
0.904
0.6639
Kurtosis
0.7561
0.0141
0.1639
4.42
4.44
1.01
1.01
1.99
1.95
2.89
Potential Upside
4.35
1.65
1.78
2.0
2.06
2.79
2.8
1.55
1.55
0.9442
Treynor Ratio
0.8697
(1.28)
(1.59)
0.1188
0.1188
0.1378
0.1354
0.2244
0.219
0.15
Maximum Drawdown
15.49
4.28
4.27
10.87
10.88
9.19
9.21
5.24
5.23
4.41
Variance
8.19
0.8175
0.8149
3.35
3.35
2.99
2.99
0.8143
0.8172
0.4408
Market Risk Adjusted Performance
0.8797
(1.27)
(1.58)
0.1288
0.1288
0.1478
0.1454
0.2344
0.229
0.16
Risk Adjusted Performance
(0.04)
0.0712
0.0664
(0.1)
(0.1)
0.0866
0.085
0.1429
0.1395
(0.11)
Skewness
(0.23)
0.4472
0.5221
(1.47)
(1.47)
(0.29)
(0.29)
(0.27)
(0.29)
(0.35)
Semi Deviation
N/A
0.7135
0.6973
N/A
N/A
1.64
1.65
0.6739
0.6824
N/A
Information Ratio
(0.1)
(0.02)
(0.02)
(0.20)
(0.20)
0.0535
0.0513
0.0835
0.0789
(0.30)
Value At Risk
(4.75)
(1.25)
(1.19)
(3.33)
(3.32)
(3.15)
(3.14)
(1.39)
(1.41)
(0.92)
Expected Short fall
N/A
(0.83)
(0.84)
N/A
N/A
(1.30)
(1.30)
(0.63)
(0.65)
N/A
Downside Deviation
N/A
0.8249
0.8029
N/A
N/A
1.86
1.86
1.01
1.02
N/A
Semi Variance
N/A
0.5091
0.4862
N/A
N/A
2.69
2.72
0.4541
0.4657
N/A

Precious Metals Competition Performance Charts

Five steps to successful analysis of Precious Metals Competition

Precious Metals' 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 Precious Metals Ultr in relation to its competition. Precious Metals' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Precious Metals 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 Precious Metals' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Precious Metals 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 Precious Metals position

In addition to having Precious Metals 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.

Did You Try This Idea?

Run Gambling Thematic Idea Now

Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 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 Gambling Theme or any other thematic opportunities.
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Other Information on Investing in Precious Mutual Fund

Precious Metals financial ratios help investors to determine whether Precious 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 Precious with respect to the benefits of owning Precious Metals security.
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