Proshares Ultrashort Bloomberg Etf Total Asset
| SCO Etf | USD 15.84 0.14 0.89% |
ProShares UltraShort Bloomberg fundamentals help investors to digest information that contributes to ProShares UltraShort's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares UltraShort's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProShares UltraShort etf.
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ProShares UltraShort Bloomberg ETF Total Asset Analysis
ProShares UltraShort's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current ProShares UltraShort Total Asset | 368.87 M |
Most of ProShares UltraShort's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares UltraShort Bloomberg is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Based on the latest financial disclosure, ProShares UltraShort Bloomberg has a Total Asset of 368.87 M. This is much higher than that of the ProShares family and significantly higher than that of the Trading--Inverse Commodities category. The total asset for all United States etfs is notably lower than that of the firm.
ProShares Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares UltraShort's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares UltraShort could also be used in its relative valuation, which is a method of valuing ProShares UltraShort by comparing valuation metrics of similar companies.ProShares UltraShort is currently under evaluation in total asset as compared to similar ETFs.
ProShares Fundamentals
| Earnings Per Share | (2.57) X | |||
| Number Of Employees | 127 | |||
| Beta | -2.46 | |||
| Total Asset | 368.87 M | |||
| One Year Return | (29.60) % | |||
| Three Year Return | (49.70) % | |||
| Five Year Return | (44.40) % | |||
| Ten Year Return | (24.70) % | |||
| Net Asset | 368.87 M |
About ProShares UltraShort Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares UltraShort Bloomberg's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares UltraShort using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares UltraShort Bloomberg based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether ProShares UltraShort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares UltraShort's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Ultrashort Bloomberg Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultrashort Bloomberg Etf:Check out ProShares UltraShort Piotroski F Score and ProShares UltraShort Altman Z Score analysis. Note that the ProShares UltraShort information on this page should be used as a complementary analysis to other ProShares UltraShort'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of ProShares UltraShort 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.