Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Russell 2000® Index.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. It is a market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000® Index, or approximately 10% of the total market capitalization of the Russell 3000® Index, which in turn represents approximately 97% of the U.S. equity market. It is non-diversified.
Market Cap
The average market capitalization across the ProFunds UltraSmall Cap Svc MF is 11.91B. The market cap for tickers in the group ranges from 28.19B to 28.19B. SMCI holds the highest valuation in this group at 28.19B. The lowest valued company is SMCI at 28.19B.
Volume
The average weekly volume growth across all stocks in the ProFunds UltraSmall Cap Svc MF was 40%. For the same stocks of the MF, the average monthly volume growth was -26% and the average quarterly volume growth was 42%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 62
P/E Growth Rating: 53
Price Growth Rating: 60
SMR Rating: 72
Profit Risk Rating: 58
Seasonality Score: 9 (-100 ... +100)