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 normal downward trend and little activity. Check odds of ProShares UltraShort to be traded at $38.65 in 30 days
ProShares UltraShort Company Summary
ProShares UltraShort competes with Vanguard Total, SPDR SP, iShares Core, Vanguard FTSE, and Vanguard Value. The investment seeks results for a single day that match two times the inverse of the daily performance of the Bloomberg Natural Gas SubindexSM. ProShares UltraShort is traded on Archipelago Exchange in USA.
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 considered the top ETF in five year return as compared to similar ETFs reporting about 0.51 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 1.97
ProShares UltraShort Systematic Risk
The output start index for this execution was six with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on ProShares UltraShort correlated with the market. If Beta is less than 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.
ProShares UltraShort Financial Distress Probability
Chance of Financial Distress
ProShares UltraShort Bloomberg Natrl Gas has less than 1 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
Please see also Stocks Correlation. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.