You can utilize fundamental analysis to find out if ProShares UltraShort 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 eight available financial ratios for ProShares UltraShort which can be compared to its competitors. Please employ ProShares UltraShort Total Asset 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 somewhat bearish sentiment, but market may correct it shortly. Check odds of ProShares UltraShort to be traded at $14.01 in 30 days
ProShares UltraShort Company SummaryProShares UltraShort competes with iShares VII, BlackRock Asset, BlackRock Asset, iShares Public, and ISHARES EUR. The investment seeks daily investment results before fees and expenses that correspond to two times the inverse of the daily performance of the SP SmallCap 600. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process. The fund is non-diversified.
ProShares UltraShort Net Asset vs Ten Year Return
ProShares UltraShort SmallCap600 is rated below average in net asset as compared to similar ETFs. It is rated below average in ten year return as compared to similar ETFs .