ProShares UltraShort Financial Ratios

ProShares UltraShort Bloomberg Natrl Gas -- USA Etf  

USD 47.38  0.44  0.92%

Use fundamental data analysis to confirm all available drivers of ProShares UltraShort to find out if markets are presently mispricing the entity. We found seven available financial ratios for ProShares UltraShort which can be compared to its competitors. Please employ ProShares UltraShort Number of Employees and Five Year Return to make a decision on weather ProShares UltraShort is priced adequately. Use ProShares UltraShort to protect against small markets fluctuations. The etf experiences moderate downward daily trend and can be a good diversifier. Check odds of ProShares UltraShort to be traded at $46.43 in 30 days

ProShares UltraShort Company Summary

ProShares UltraShort competes with ProShares UltraShort, VelocityShares 3x, DB Crude, ProShares UltraShort, and DB GOLD. The investment seeks results for a single day that match two times the inverse of the daily performance of the Bloomberg Natural Gas SubindexSM. The manager intends to meet its investment objective by taking long or short positions in natural gas futures contracts. The Natural Gas Funds may also invest in swaps if the market for a specific futures contract experiences emergencies or disruptions that prevent the Natural Gas Fund from obtaining the appropriate amount of investment exposure to the affected natural gas futures contracts directly or other futures contracts.

ProShares UltraShort One Year Return vs Five Year Return

ProShares UltraShort Bloomberg Natrl Gas is considered the top ETF in one year return as compared to similar ETFs. It is rated fifth overall ETF in five year return as compared to similar ETFs reporting about  0.2  of Five Year Return per One Year Return. The ratio of One Year Return to Five Year Return for ProShares UltraShort Bloomberg Natrl Gas is roughly  5.02 

ProShares UltraShort Systematic Risk

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ProShares UltraShort correlated with the market. If Beta is less then 0 ProShares UltraShort generally moves in the opposite direction as compared to the market. If ProShares UltraShort Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares UltraShort is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares UltraShort is generally in the same direction as the market. If Beta > 1 ProShares UltraShort moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
< 2% 

Chance of Financial Distress

ProShares UltraShort Bloomberg Natrl Gas has less than 2 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
Details

Compare

Compare ProShares UltraShort To Peers
Marques Mercier ETF Portfolio Manager
Jason Callan ProShares ETF Portfolio Manager
Robert Galusza ETF Portfolio Manager
Kevin Ritter ProShares ETF Portfolio Manager
More Executives

Fundamentals Correlations

Analyze ProShares UltraShort Fundamentals Trends

Opportunity Range

December 13, 2017 Opportunity Range