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 normal downward trend and little activity. Check odds of ProShares UltraShort to be traded at $13.2 in 30 days
ProShares UltraShort SmallCap600 is rated below average in ten 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 output start index for this execution was twelve with a total number of output elements of five. 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 SmallCap600 has more than 51 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info