Proshares Ultra Financials Etf Analysis

ProShares Etf Analysis Notes

ProShares Ultra is is formed as Regulated Investment Company in the United States. ETF is managed and operated by JPMorgan Chase Bank, N.A.. The fund has 107 constituents with avarage daily trading value of 28.2 K. The fund charges 0.75 percent management fee with a total expences of 0.95 percent of total asset. The fund generated returns of 9.0% over the last ten years. ProShares Ultra Fina keeps 200.06% of net assets in stocks. This fund last dividend was 0.054 per share. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Financials is traded on NYSEARCA Exchange in the United States. For more information please call the company at NA.

Sector Exposure

ProShares Ultra Fina Investment Alerts

ProShares Ultra Thematic Classifications

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.

Top ProShares Ultra Financials Etf Constituents

Institutional Etf Holders for ProShares Ultra

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 19th of April, ProShares Ultra holds the Semi Deviation of 1.44, coefficient of variation of 741.26, and Risk Adjusted Performance of 0.0889. 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 have analyzed and interpolated nineteen technical drivers for ProShares Ultra Fina, which can be compared to its competitors. Please check ProShares Ultra Fina variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if ProShares Ultra Fina is priced some-what accurately, providing market reflects its current price of 62.44 per share.

ProShares Ultra Fina Price Movement Analysis

ProShares Ultra Predictive Daily Indicators

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.

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.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Financials. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

The market value of ProShares Ultra Fina 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.