UGAZ Financials

UGAZ Etf Summary

UGAZ competes with ProShares UltraShort, ProShares UltraShort, and VanEck Junior. The investment seeks to replicate, net of expenses, three times the performance of the SP GSCI Natural Gas Index ER. VelocityShares is traded on PCX Exchange in the United States.

UGAZ Key Financial Ratios

Generally speaking, UGAZ's financial ratios allow both analysts and investors to convert raw data from UGAZ's financial statements into concise, actionable information that can be used to evaluate the performance of UGAZ over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that UGAZ reports annually and quarterly.

UGAZ Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining UGAZ's current stock value. Our valuation model uses many indicators to compare UGAZ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across UGAZ competition to find correlations between indicators driving UGAZ's intrinsic value. More Info.UGAZ is rated first in one year return as compared to similar ETFs. It is rated first in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value UGAZ by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for UGAZ's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the UGAZ's earnings, one of the primary drivers of an investment's value.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the UGAZ information on this page should be used as a complementary analysis to other UGAZ's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

When running UGAZ's price analysis, check to measure UGAZ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UGAZ is operating at the current time. Most of UGAZ's value examination focuses on studying past and present price action to predict the probability of UGAZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UGAZ's price. Additionally, you may evaluate how the addition of UGAZ to your portfolios can decrease your overall portfolio volatility.