ProShares UltraPro Financial Ratios

ProShares UltraPro 3x Short Crude Oil -- USA Etf  

USD 12.93  0.06  0.46%

You can utilize fundamental analysis to find out if ProShares UltraPro 3x is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We found four available financial ratios for ProShares UltraPro 3x which can be compared to its competitors. Please check ProShares UltraPro 3x Total Asset to decide if ProShares UltraPro 3x is priced adequately. Use ProShares UltraPro to protect against small markets fluctuations. The etf experiences normal downward trend and little activity. Check odds of ProShares UltraPro to be traded at $12.8 in 30 days

ProShares UltraPro Company Summary

ProShares UltraPro competes with ProShares UltraShort, VelocityShares 3x, DB Crude, ProShares UltraShort, and DB GOLD. The investment seeks to return a multiple of the performance of the Bloomberg WTI Crude Oil Subindex for a single day. The underlying index reflects the performance of the price of West Texas Intermediate sweet, light crude oil futures contracts traded on the NYMEX. Under normal market conditions, the adviser will attempt to gain exposure to the benchmark by investing substantially all of the fund assets in listed futures contracts for West Texas Intermediate sweet, light crude oil traded in the United States and listed options on such contracts.

ProShares UltraPro 3x 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 UltraPro 3x correlated with the market. If Beta is less then 0 ProShares UltraPro generally moves in the opposite direction as compared to the market. If ProShares UltraPro Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares UltraPro 3x is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares UltraPro is generally in the same direction as the market. If Beta > 1 ProShares UltraPro 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.
< 40% 

Chance of Financial Distress

ProShares UltraPro 3x Short Crude Oil has less than 40 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info


Compare ProShares UltraPro To Peers
Marques Mercier ProShares ETF Portfolio Manager
Robert Galusza ProShares ETF Portfolio Manager
Ferian Juwono ProShares ETF Portfolio Manager
Steven Wu ProShares ETF Portfolio Manager
More Executives

Opportunity Range

December 14, 2017 Opportunity Range