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 unexpected downward movement. The market is reacting to new fundamentals. Check odds of ProShares UltraShort to be traded at $13.44 in 30 days
ProShares UltraShort Company Summary
ProShares UltraShort competes with SPDR SP, iShares Core, iShares Core, iShares Russell, and ISHARE RUS. ProShares UltraShort SmallCap600 is USA based ETF administrated by J.P. Morgan Investor Services Co.. The ETF is issued and managed by ProShares, and composed of 0 constituents. The fund currently manages 2.4 M in total asset with 0.75 percent management fee and under 3.22 percent of total fund expense. ProShares UltraShort SmallCap600 invests mostly in Developed Markets around North America and is publically traded since January 23, 2007.
ProShares UltraShort SmallCap600 is rated below average in one year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs .
ProShares UltraShort Systematic Risk
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of thirty-eight. 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.
ProShares UltraShort Financial Distress Probability
Chance of Financial Distress
ProShares UltraShort SmallCap600 has more than 73 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info