Notable companies
The most notable companies in this group are Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI).
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 Dow Jones Precious MetalsSM 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 seeks to measure the performance of certain companies in the precious metals mining sector. It is non-diversified.
Market Cap
The average market capitalization across the ProFunds Precious Metals UltraSector Svc MF is 26.03B. The market cap for tickers in the group ranges from 14.36B to 42B. NEM holds the highest valuation in this group at 42B. The lowest valued company is GFI at 14.36B.
Volume
The average weekly volume growth across all stocks in the ProFunds Precious Metals UltraSector Svc MF was 128%. For the same stocks of the MF, the average monthly volume growth was 205% and the average quarterly volume growth was 9%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 30
P/E Growth Rating: 38
Price Growth Rating: 60
SMR Rating: 83
Profit Risk Rating: 48
Seasonality Score: -30 (-100 ... +100)