ProShares UltraShort Financial Ratios

ProShares UltraShort Bloomberg Natrl Gas -- USA Etf  

USD 35.38  0.3  0.84%

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 $34.67 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 Net Asset vs Five Year Return

ProShares UltraShort Bloomberg Natrl Gas is rated below average in net asset as compared to similar ETFs. It is rated fifth overall ETF in five year return as compared to similar ETFs . The ratio of Net Asset to Five Year Return for ProShares UltraShort Bloomberg Natrl Gas is about  2,233,962 

ProShares UltraShort Fundamentals

    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition
FundamentalsProShares UltraShortPeer Average
One Year Return(6.92) % (1.25) %
Three Year Return29.49 % 2.26 %
Five Year Return2.65 % 0.2 %
Net Asset5.92 M888.73 M
< 13% 

Chance of Financial Distress

ProShares UltraShort Bloomberg Natrl Gas has less than 13 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
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Marques Mercier ETF Portfolio Manager
Jason Callan ProShares ETF Portfolio Manager
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Fundamentals Correlations

Analyze ProShares UltraShort Fundamentals Trends

Opportunity Range

October 19, 2017 Opportunity Range