ProShares UltraShort Financial Indicators Patterns

SDP -- USA Etf  

USD 23.85  0.23  0.97%

Use fundamental data analysis to confirm all available drivers of ProShares UltraShort to find out if markets are presently mispricing the entity. We found eight available financial ratios for ProShares UltraShort which can be compared to its competitors. Please employ ProShares UltraShort Total Asset and Net Asset 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 $23.37 in 30 days

ProShares UltraShort Company Summary

ProShares UltraShort competes with Bank of Montreal, BlueStar TA, Cushing 30, US Consumer, and INTL BUSINESS. ProShares UltraShort Utilities 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 5.1 M in total asset with 0.75 percent management fee and under 1.72 percent of total fund expense. ProShares UltraShort Utilities invests mostly in Developed Markets around North America and is publically traded since January 30, 2007.

ProShares UltraShort Net Asset vs Three Year Return

ProShares UltraShort Utilities is rated fourth largest ETF in net asset as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs .

ProShares UltraShort 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 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.

Distress Rating

ProShares UltraShort Financial Distress Probability
70% 
Chance of Financial Distress
ProShares UltraShort Utilities has more than 70 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info

Active Themes That Utilize ProShares UltraShort

This Etf does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas

Compare ProShares UltraShort To Peers

July 15, 2018 Opportunity Range

Also please take a look at World Market Map. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.