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SPPSX
Mutual Fund ticker: NASDAQ
AS OF
Jul 3 closing price
Price
$6.20
Change
-$0.04 (-0.64%)
Net Assets
1.47M

SPPSX ProFunds Short Precious Metals Svc Forecast, Technical & Fundamental Analysis

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... Show more

Category: #Trading
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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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SPPSX and MutualFunds

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SPPSX
1D Price
Change %
SPPSX100%
-0.64%
SPPIX - SPPSX
100%
Closely correlated
-0.62%
SNPIX - SPPSX
34%
Loosely correlated
-0.14%
SNPSX - SPPSX
32%
Poorly correlated
-0.16%