Notable companies
The most notable companies in this group are Citigroup (NYSE:C), Bank of New York Mellon Corp (NYSE:BK).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the daily performance of the S&P Banks Select Industry Index.
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index represents the banks segment of the S&P Total Market Index, which comprises the following sub-industries: asset management & custody banks, diversified banks, regional banks, diversified financial services and commercial & residential mortgage finance. The fund is non-diversified.
Market Cap
The average market capitalization across the ProFunds Banks UltraSector Inv MF is 47.19B. The market cap for tickers in the group ranges from 6.88B to 121.12B. C holds the highest valuation in this group at 121.12B. The lowest valued company is WAL at 6.88B.
Volume
The average weekly volume growth across all stocks in the ProFunds Banks UltraSector Inv MF was 260%. For the same stocks of the MF, the average monthly volume growth was 162% and the average quarterly volume growth was 317%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 42
P/E Growth Rating: 68
Price Growth Rating: 64
SMR Rating: 28
Profit Risk Rating: 58
Seasonality Score: 16 (-100 ... +100)