ProShares UltraShort Financial Ratios

ProShares UltraShort Utilities -- USA Etf  

USD 28.01  0.46  1.65%

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 enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of ProShares UltraShort to be traded at $30.81 in 30 days

ProShares UltraShort Company Summary

ProShares UltraShort competes with ProShares Short, ProShares UltraShort, ProShares UltraPro, ProShares Short, and PT UTLRSHRT. The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse of the daily performance of the Dow Jones U.S. UtilitiesSM Index. 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 measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.

ProShares UltraShort Net Asset vs Five Year Return

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

ProShares UltraShort Systematic Risk

The output start index for this execution was five with a total number of output elements of twelve. 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.
< 37% 

Chance of Financial Distress

ProShares UltraShort Utilities has less than 37 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info


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Fundamentals Correlations

Analyze ProShares UltraShort Fundamentals Trends

Opportunity Range

January 19, 2018 Opportunity Range