ProShares Ultra Financial Statements From 2010 to 2024
| SSO Etf | USD 71.95 0.09 0.12% |
Check ProShares Ultra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares Ultra Valuation or Volatility modules.
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ProShares Ultra SP500 ETF Price To Earning Analysis
ProShares Ultra's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current ProShares Ultra Price To Earning | 18.51 X |
Most of ProShares Ultra's fundamental indicators, such as Price To Earning, 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 Ultra SP500 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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ProShares Ultra Price To Earning Component Assessment
Based on the latest financial disclosure, ProShares Ultra SP500 has a Price To Earning of 18.51 times. This is 235.33% higher than that of the ProShares family and 2.24% lower than that of the Family category. The price to earning for all United States etfs is notably lower than that of the firm.
ProShares Ultra SP500 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Ultra's current stock value. Our valuation model uses many indicators to compare ProShares Ultra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Ultra competition to find correlations between indicators driving ProShares Ultra's intrinsic value. More Info.ProShares Ultra SP500 is rated second largest ETF in price to earning as compared to similar ETFs. It is rated third largest ETF in price to book as compared to similar ETFs fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Ultra SP500 is roughly 6.73 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ProShares Ultra by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ProShares Ultra'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 ProShares Ultra's earnings, one of the primary drivers of an investment's value.About ProShares Ultra Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ProShares Ultra income statement, its balance sheet, and the statement of cash flows. ProShares Ultra investors use historical funamental indicators, such as ProShares Ultra's revenue or net income, to determine how well the company is positioned to perform in the future. Although ProShares Ultra investors may use each financial statement separately, they are all related. The changes in ProShares Ultra's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ProShares Ultra's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ProShares Ultra Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ProShares Ultra. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that the advisors believe, in combination, should produce daily returns consistent with the funds investment objective. Ultra SP500 is traded on NYSEARCA Exchange in the United States.
ProShares Ultra Implied Volatility | 41.06 |
ProShares Ultra's implied volatility exposes the market's sentiment of ProShares Ultra SP500 stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ProShares Ultra's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ProShares Ultra stock will not fluctuate a lot when ProShares Ultra's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProShares Ultra in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProShares Ultra's short interest history, or implied volatility extrapolated from ProShares Ultra options trading.
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When determining whether ProShares Ultra SP500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Ultra'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 Ultra Sp500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultra Sp500 Etf:Check out the analysis of ProShares Ultra Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of ProShares Ultra SP500 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.