Notable companies
The most notable companies in this group are Merck & Co (NYSE:MRK), Elanco Animal Health (NYSE:ELAN), Intra-Cellular Therapies (NASDAQ:ITCI).
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 Pharmaceuticals 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 pharmaceuticals segment of the S&P Total Market Index, which comprises the following sub-industry: pharmaceuticals. The fund is non-diversified.
Market Cap
The average market capitalization across the ProFunds Pharmaceuticals UltraSector Svc MF is 72.7B. The market cap for tickers in the group ranges from 4.67B to 331.75B. MRK holds the highest valuation in this group at 331.75B. The lowest valued company is AXSM at 4.67B.
Volume
The average weekly volume growth across all stocks in the ProFunds Pharmaceuticals UltraSector Svc MF was 147%. For the same stocks of the MF, the average monthly volume growth was 57% and the average quarterly volume growth was 288%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 41
P/E Growth Rating: 72
Price Growth Rating: 70
SMR Rating: 61
Profit Risk Rating: 80
Seasonality Score: 37 (-100 ... +100)