Proshares Ultra Gold Etf Analysis

UGL Etf  USD 70.43  0.88  1.27%   
ProShares Ultra Gold is overvalued with Real Value of 64.13 and Hype Value of 70.23. The main objective of ProShares Ultra etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Ultra Gold is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of ProShares Ultra Gold. On the other hand, technical analysis, focuses on the price and volume data of ProShares Etf to identify patterns and trends that may indicate its future price movements.
The ProShares Ultra etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ProShares Ultra is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. ProShares Etf trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ProShares Ultra's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Gold. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price.

ProShares Etf Analysis Notes

ProShares Ultra is is formed as Partnership in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 16 constituents with avarage daily trading value of 166.7 K. The fund charges 0.95 percent management fee with a total expences of 0.95 percent of total asset. The fund generated five year return of 12.0%. ProShares Ultra Gold keeps 141.74% of net assets in stocks. The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments based on the benchmark. Ultra Gold is traded on NYSEARCA Exchange in the United States. For more information please call the company at NA.

ProShares Ultra Gold Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ProShares Ultra's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares Ultra Gold or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Latest headline from news.google.com: GLD And UGL Finally Breakout And Are Headed Higher - Seeking Alpha
The fund keeps 141.74% of its net assets in stocks

ProShares Ultra Thematic Classifications

In addition to having ProShares Ultra etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Management Efficiency

ProShares Ultra's management efficiency ratios could be used to measure how well ProShares Ultra manages its routine affairs as well as how well it operates its assets and liabilities.
The analysis of ProShares Ultra's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ProShares Ultra's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ProShares Etf analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Max Mgmt Charge
0.00
Holdings Turnover
0.00000
Holdings Count
1
Net Expense Ratio
0.0095
Total Assets
173 M

Institutional Etf Holders for ProShares Ultra

Have you ever been surprised when a price of an equity instrument such as ProShares Ultra is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Ultra Gold backward and forwards among themselves. ProShares Ultra's institutional investor refers to the entity that pools money to purchase ProShares Ultra's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although ProShares Ultra's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Technical Drivers

As of the 28th of March, ProShares Ultra holds the Coefficient Of Variation of 711.29, semi deviation of 1.08, and Risk Adjusted Performance of 0.0838. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Ultra, as well as the relationship between them. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for ProShares Ultra Gold, which can be compared to its competitors. Please check ProShares Ultra Gold variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if ProShares Ultra Gold is priced some-what accurately, providing market reflects its current price of 70.43 per share.

ProShares Ultra Gold Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Ultra middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ProShares Ultra Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

ProShares Ultra Predictive Daily Indicators

ProShares Ultra intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProShares Ultra etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ProShares Ultra Forecast Models

ProShares Ultra's time-series forecasting models are one of many ProShares Ultra's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProShares Ultra's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About ProShares Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how ProShares Ultra prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ProShares Ultra. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments based on the benchmark. Ultra Gold is traded on NYSEARCA Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ProShares Ultra to your portfolios without increasing risk or reducing expected return.

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Fundamental Analysis

View fundamental data based on most recent published financial statements
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When determining whether ProShares Ultra Gold is a strong investment it is important to analyze ProShares Ultra'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 Ultra'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 Ultra Gold. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the ProShares Ultra Gold information on this page should be used as a complementary analysis to other ProShares Ultra'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for ProShares Etf analysis

When running ProShares Ultra's price analysis, check to measure ProShares Ultra'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 ProShares Ultra is operating at the current time. Most of ProShares Ultra's value examination focuses on studying past and present price action to predict the probability of ProShares Ultra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares Ultra's price. Additionally, you may evaluate how the addition of ProShares Ultra to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares Ultra Gold 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.