Proshares Ultrapro Short Etf One Year Return
| SDOW Etf | USD 16.22 0.12 0.73% |
ProShares UltraPro Short fundamentals help investors to digest information that contributes to ProShares UltraPro's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares UltraPro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProShares UltraPro etf.
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ProShares UltraPro Short ETF One Year Return Analysis
ProShares UltraPro's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current ProShares UltraPro One Year Return | (33.90) % |
Most of ProShares UltraPro's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares UltraPro Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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ProShares UltraPro One Year Return Component Assessment
Based on the recorded statements, ProShares UltraPro Short has an One Year Return of -33.9%. This is 99.65% higher than that of the ProShares family and notably lower than that of the Family category. The one year return for all United States etfs is notably higher than that of the company.
ProShares One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares UltraPro's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares UltraPro could also be used in its relative valuation, which is a method of valuing ProShares UltraPro by comparing valuation metrics of similar companies.ProShares UltraPro is currently under evaluation in one year return as compared to similar ETFs.
ProShares Fundamentals
| Number Of Employees | 154 | |||
| Beta | -2.54 | |||
| Total Asset | 448.32 M | |||
| One Year Return | (33.90) % | |||
| Three Year Return | (19.30) % | |||
| Five Year Return | (39.50) % | |||
| Ten Year Return | (36.90) % | |||
| Net Asset | 448.32 M | |||
| Last Dividend Paid | 0.066 | |||
| Equity Positions Weight | (284.46) % |
About ProShares UltraPro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares UltraPro Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares UltraPro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares UltraPro Short based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
ProShares UltraPro Implied Volatility | 74.15 |
ProShares UltraPro's implied volatility exposes the market's sentiment of ProShares UltraPro Short stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ProShares UltraPro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ProShares UltraPro stock will not fluctuate a lot when ProShares UltraPro's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProShares UltraPro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProShares UltraPro's short interest history, or implied volatility extrapolated from ProShares UltraPro options trading.
Currently Active Assets on Macroaxis
When determining whether ProShares UltraPro Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrapro Short Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrapro Short Etf:Check out ProShares UltraPro Piotroski F Score and ProShares UltraPro Altman Z Score analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of ProShares UltraPro Short is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.