Proshares Ultrashort Real Etf Profile
| SRS Etf | USD 17.80 0.01 0.06% |
Performance9 of 100
| Odds Of DistressLess than 9
|
ProShares UltraShort is selling for under 17.80 as of the 19th of April 2024; that is -0.06 percent decrease since the beginning of the trading day. The etf's lowest day price was 17.62. ProShares UltraShort has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ProShares UltraShort Real are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Real is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort Real
Moving against ProShares Etf
| 0.66 | BME | BlackRock Health Sciences | PairCorr |
ProShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ProShares UltraShort's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares UltraShort or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of ProShares Trust | Michael Sapir |
| Thematic Ideas | (View all Themes) |
| Old Names | [CANADIAN ZINC, CANADIAN ZINC (SRS.SG), NorZinc Ltd, Spicers Limited, Proshares Ultrashort Re] |
| Business Concentration | Real Estate ETFs, Sector ETFs, Trading--Inverse Equity, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2007-01-30 |
| Benchmark | S&P Real Estate Select Sector Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 45.92 Million |
| Average Trading Valume | 53,586.5 |
| Asset Type | Real Estate |
| Category | Sector |
| Focus | Real Estate |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Michael Neches, Tarak Dave |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 26.0 |
| Market Maker | Latour Trading |
| Total Expense | 1.41 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 25.82 |
| Name | ProShares UltraShort Real Estate |
| Currency Code | USD |
| Open Figi | BBG000QXHQG5 |
| In Threey Volatility | 42.65 |
| 1y Volatility | 38.94 |
| 200 Day M A | 17.1504 |
| 50 Day M A | 15.4468 |
| Code | SRS |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
ProShares UltraShort Real [SRS] is traded in USA and was established 2007-01-30. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Real Estate ETFs. ProShares UltraShort Real at this time have 85.15 M in assets. , while the total return for the last 3 years was -0.3%.
Check ProShares UltraShort Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares UltraShort Real Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ProShares UltraShort Real Etf Constituents
| FR | First Industrial Realty | Stock | Real Estate |
| BDN | Brandywine Realty Trust | Stock | Real Estate |
| SBAC | SBA Communications Corp | Stock | Real Estate |
| BRX | Brixmor Property | Stock | Real Estate |
| CUZ | Cousins Properties Incorporated | Stock | Real Estate |
| LSI | Life Storage | Stock | Real Estate |
| IVR | Invesco Mortgage Capital | Stock | Financials |
ProShares UltraShort Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of ProShares UltraShort jumping above the current price in 90 days from now is near 1%. The ProShares UltraShort Real probability density function shows the probability of ProShares UltraShort etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ProShares UltraShort Real has a beta of -2.7896. This usually implies as returns on its benchmark rise, returns on holding ProShares UltraShort Real are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ProShares UltraShort is expected to outperform its benchmark. Additionally, proShares UltraShort Real has an alpha of 0.4632, implying that it can generate a 0.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ProShares UltraShort to move above the current price in 90 days from now is near 1 (This ProShares UltraShort Real probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) .
ProShares UltraShort Real Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares UltraShort market risk premium is the additional return an investor will receive from holding ProShares UltraShort long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraShort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ProShares UltraShort's alpha and beta are two of the key measurements used to evaluate ProShares UltraShort's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.091 | |||
| Jensen Alpha | 0.4632 | |||
| Total Risk Alpha | 0.0828 | |||
| Sortino Ratio | 0.1144 |
ProShares UltraShort Against Markets
Picking the right benchmark for ProShares UltraShort etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ProShares UltraShort etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ProShares UltraShort is critical whether you are bullish or bearish towards ProShares UltraShort Real at a given time. Please also check how ProShares UltraShort's historical prices are related to one of the top price index indicators.
Be your own money manager
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How to buy ProShares Etf?
Before investing in ProShares UltraShort, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ProShares UltraShort. To buy ProShares UltraShort etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ProShares UltraShort. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ProShares UltraShort etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ProShares UltraShort Real etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ProShares UltraShort Real etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ProShares UltraShort Real, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ProShares Etf please use our How to Invest in ProShares UltraShort guide.
Already Invested in ProShares UltraShort Real?
The danger of trading ProShares UltraShort Real is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ProShares UltraShort is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ProShares UltraShort. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares UltraShort Real is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ProShares UltraShort Real is a strong investment it is important to analyze ProShares UltraShort's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares UltraShort's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Real. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of ProShares UltraShort Real is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.