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SPPIX ProFunds Short Precious Metals Inv 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 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. 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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SPPIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, SPPIX has been closely correlated with SPPSX. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPPIX jumps, then SPPSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SPPIX
1D Price
Change %
SPPIX100%
N/A
SPPSX - SPPIX
100%
Closely correlated
N/A
SNPIX - SPPIX
35%
Loosely correlated
N/A
SNPSX - SPPIX
33%
Poorly correlated
N/A