The most notable companies in this group are Transocean Ltd (NASDAQ:RIG).
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 Oil & Gas Equipment & Services 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 is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the oil & gas equipment & services segment of the S&P Total Market Index, which comprises the following sub-industries: oil & gas drilling and oil & gas equipment & services. It is non-diversified.
The average market capitalization across the Oil Equipment&Svcs UltraSector Pro Inv MF is 18.41B. The market cap for tickers in the group ranges from 2.42B to 7.55B. NOV holds the highest valuation in this group at 7.55B. The lowest valued company is NEX at 2.42B.
The average weekly volume growth across all stocks in the Oil Equipment&Svcs UltraSector Pro Inv MF was 35%. For the same stocks of the MF, the average monthly volume growth was -17% and the average quarterly volume growth was 30%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 78
Price Growth Rating: 57
SMR Rating: 59
Profit Risk Rating: 68
Seasonality Score: 37 (-100 ... +100)