Proshares Ultra Bloomberg Etf Profile

BOIL Etf  USD 10.40  0.57  5.80%   


0 of 100

Very Weak

Odds Of Distress

Less than 9

ProShares Ultra is selling for 10.40 as of the 19th of July 2024. This is a 5.80 percent up since the beginning of the trading day. The etf's lowest day price was 10.07. ProShares Ultra has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ProShares Ultra Bloomberg are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of June 2024 and ending today, the 19th of July 2024. Click here to learn more.
The fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. Ultra Bloomberg is traded on NYSEARCA Exchange in the United States. More on ProShares Ultra Bloomberg

Moving against ProShares Etf

  0.53USLVF VelocityShares 3x LongPairCorr
  0.39DIG ProShares Ultra OilPairCorr
  0.38MLPR ETRACS Quarterly PayPairCorr
  0.36UGL ProShares Ultra GoldPairCorr
  0.34DGP DB Gold DoublePairCorr

ProShares Etf Highlights

Thematic IdeaEnergy ETFs (View all Themes)
Business ConcentrationEnergy ETFs, Trading--Leveraged Commodities, ProShares (View all Sectors)
Inception Date2011-10-04
BenchmarkBloomberg Natural Gas Subindex
Entity TypePartnership
Asset Under Management554.7 Million
Average Trading Valume9.52 Million
Asset TypeCommodities
FocusNatural Gas
Market ConcentrationBlended Development
AdministratorThe Bank of New York Mellon Corporation
AdvisorProShare Advisors LLC
CustodianThe Bank of New York Mellon Corporation
DistributorSEI Investments Distribution Co.
Portfolio ManagerAlexander Ilyasov
Transfer AgentBrown Brothers Harriman & Co.
TrusteeWilmington Trust Company
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents10.0
Market MakerVirtu Financial
Total Expense0.95
Management Fee0.95
Country NameUSA
Returns Y T D(65.44)
NameProShares Ultra Bloomberg Natural Gas
Currency CodeUSD
Open FigiBBG0024TGRQ2
In Threey Volatility143.12
1y Volatility70.59
200 Day M A27.6579
50 Day M A17.0992
Updated At18th of July 2024
ProShares Ultra Bloomberg [BOIL] is traded in USA and was established 2011-10-04. The fund is listed under Trading--Leveraged Commodities category and is part of ProShares family. The entity is thematically classified as Energy ETFs. ProShares Ultra Bloomberg currently have 292.12 M in assets under management (AUM). , while the total return for the last 3 years was -76.0%.
Check ProShares Ultra Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Ultra Bloomberg Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

ProShares Ultra Bloomberg Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares Ultra market risk premium is the additional return an investor will receive from holding ProShares Ultra long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ProShares Ultra's alpha and beta are two of the key measurements used to evaluate ProShares Ultra's performance over the market, the standard measures of volatility play an important role as well.

ProShares Ultra Against Markets

Additional Information and Resources on Investing in ProShares Etf

When determining whether ProShares Ultra Bloomberg 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 Bloomberg Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultra Bloomberg Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of ProShares Ultra Bloomberg 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.