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SNPSX ProFunds Short Energy Svc Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Industry description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P Energy Select Sector Index. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the energy sector of the S&P 500 Index. The fund is non-diversified.
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Commodities
Address
Profunds3435 Stelzler RdColumbus
Phone
+1 614 4708626
Web
www.profunds.com
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SNPSX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, SNPSX has been closely correlated with SNPIX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNPSX jumps, then SNPIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SNPSX
1D Price
Change %
SNPSX100%
-0.56%
SNPIX - SNPSX
99%
Closely correlated
-0.51%
SPPIX - SNPSX
27%
Poorly correlated
+1.18%
SPPSX - SNPSX
27%
Poorly correlated
+1.22%