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 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.
Market Cap
The average market capitalization across the Oil Equipment&Svcs UltraSector Pro Svc MF is 3.12B. The market cap for tickers in the group ranges from 815.83M to 4.81B. TDW holds the highest valuation in this group at 4.81B. The lowest valued company is NBR at 815.83M.
Volume
The average weekly volume growth across all stocks in the Oil Equipment&Svcs UltraSector Pro Svc MF was 286%. For the same stocks of the MF, the average monthly volume growth was 282% and the average quarterly volume growth was -3%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 54
P/E Growth Rating: 72
Price Growth Rating: 73
SMR Rating: 61
Profit Risk Rating: 64
Seasonality Score: 39 (-100 ... +100)