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USPIX ProFunds UltraShort NASDAQ-100 Inv Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq-100® 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 two times the inverse (-2x) of the daily performance of the Nasdaq-100® 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 includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.
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A.I. Advisor
published General Information

General Information

Category Trading

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

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To USPIX
1D Price
Change %
USPIX100%
-1.81%
USPSX - USPIX
100%
Closely correlated
-1.78%
SOPSX - USPIX
100%
Closely correlated
-0.91%
SOPIX - USPIX
100%
Closely correlated
-0.91%
RYURX - USPIX
96%
Closely correlated
-0.80%
URPSX - USPIX
96%
Closely correlated
-1.75%
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ProFunds UltraShort NASDAQ-100 I (USPIX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com