Notable companies
The most notable companies in this group are Freeport-McMoran (NYSE:FCX), Newmont Corp (NYSE:NEM), Dow (NYSE:DOW), Nucor Corp (NYSE:NUE).
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 Materials Select Sector 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 is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the materials sector of the S&P 500 Index. The fund is non-diversified.
Market Cap
The average market capitalization across the ProFunds Materials UltraSector Svc MF is 77.15B. The market cap for tickers in the group ranges from 34.72B to 223.16B. LIN holds the highest valuation in this group at 223.16B. The lowest valued company is NUE at 34.72B.
Volume
The average weekly volume growth across all stocks in the ProFunds Materials UltraSector Svc MF was 113%. For the same stocks of the MF, the average monthly volume growth was 220% and the average quarterly volume growth was 78%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 48
P/E Growth Rating: 42
Price Growth Rating: 34
SMR Rating: 57
Profit Risk Rating: 32
Seasonality Score: -32 (-100 ... +100)