Ultrashort Etf Profile

SDS -  USA Etf  

USD 48.79  0.02  0.041%

Market Performance
5 of 100
Odds Of Distress
Over 67
Ultrashort SP500 is selling at 48.79 as of the 23rd of May 2022; that is -0.04 percent decrease since the beginning of the trading day. The etf's lowest day price was 48.79. Ultrashort SP500 has more than 67 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Ultrashort SP500 ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of August 2020 and ending today, the 23rd of May 2022. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort SP500 is traded on NYSEArca Exchange in the United States. More on Ultrashort SP500 ETF

Ultrashort SP500 Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Ultrashort SP500's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultrashort SP500 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Ultrashort SP500 ETF has very high historical volatility over the last 90 days
Ultrashort SP500 ETF has high likelihood to experience some financial distress in the next 2 years
This fund generated-28.0 ten year return of -28.0%
Ultrashort SP500 maintains most of the assets in different exotic instruments.
Chairman of ProShares TrustMichael Sapir  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ultrashort SP500's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
DescriptionProShares UltraShort S&P500
Inception Date2006-07-11
BenchmarkS&P 500 Index
Entity TypeRegulated Investment Company
Average Trading Valume18.07 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents80.0
Market MakerIMC Chicago
Total Expense0.9
Management Fee0.75
Nav Price46.16
Two Hundred Day Average40.04
Average Daily Volume In Three Month14.89M
Fifty Two Week Low34.55
As Of Date11th of May 2022
Average Daily Volume Last 10 Day18.49M
Fifty Two Week High50.95
One Month22.70%
Fifty Day Average41.15
Three Month19.71%
Beta In Three Year(1.68)
Ultrashort SP500 ETF [SDS] is traded in USA and was established 2006-07-11. The fund is classified under Trading--Inverse Equity category within ProShares family. Ultrashort SP500 ETF at this time have 834.5 M in assets. , while the total return for the last 3 years was -32.73%.
Check Ultrashort SP500 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 Ultrashort Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultrashort SP500 , and the less return is expected.

Ultrashort SP500 Target Price Odds Analysis

What are Ultrashort SP500's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of Ultrashort SP500 jumping above the current price in 90 days from now is about 1.75%. The Ultrashort SP500 ETF probability density function shows the probability of Ultrashort SP500 etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Ultrashort SP500 ETF has a beta of -2.355. This usually implies as returns on its benchmark rise, returns on holding Ultrashort SP500 ETF are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ultrashort SP500 is expected to outperform its benchmark. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ultrashort SP500 ETF is significantly underperforming DOW.
  Odds Below 48.79HorizonTargetOdds Above 48.79
98.23%90 days
Based on a normal probability distribution, the odds of Ultrashort SP500 to move above the current price in 90 days from now is about 1.75 (This Ultrashort SP500 ETF probability density function shows the probability of Ultrashort Etf to fall within a particular range of prices over 90 days) .

Ultrashort SP500 Top Holders

Ultrashort SP500 ETF Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultrashort SP500 market risk premium is the additional return an investor will receive from holding Ultrashort SP500 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 Ultrashort SP500. 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 Ultrashort SP500's alpha and beta are two of the key measurements used to evaluate Ultrashort SP500's performance over the market, the standard measures of volatility play an important role as well.

Ultrashort SP500 ETF Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. Ultrashort SP500 ETF Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Ultrashort SP500 price patterns.

Ultrashort SP500 Against Markets

Picking the right benchmark for Ultrashort SP500 etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ultrashort SP500 etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ultrashort SP500 is critical whether you are bullish or bearish towards Ultrashort SP500 ETF at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ultrashort SP500 without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Ultrashort SP500 ETF

You need to understand the risk of investing before taking a position in Ultrashort SP500. The danger of trading Ultrashort SP500 ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ultrashort SP500 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ultrashort SP500. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultrashort SP500 ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the Ultrashort SP500 ETF information on this page should be used as a complementary analysis to other Ultrashort SP500'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Ultrashort SP500 ETF price analysis, check to measure Ultrashort SP500'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 Ultrashort SP500 is operating at the current time. Most of Ultrashort SP500's value examination focuses on studying past and present price action to predict the probability of Ultrashort SP500's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ultrashort SP500's price. Additionally, you may evaluate how the addition of Ultrashort SP500 to your portfolios can decrease your overall portfolio volatility.
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The market value of Ultrashort SP500 ETF is measured differently than its book value, which is the value of Ultrashort that is recorded on the company's balance sheet. Investors also form their own opinion of Ultrashort SP500's value that differs from its market value or its book value, called intrinsic value, which is Ultrashort SP500'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 Ultrashort SP500's market value can be influenced by many factors that don't directly affect Ultrashort SP500'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 Ultrashort SP500's value and its price as these two are different measures arrived at by different means. Investors typically determine Ultrashort SP500 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultrashort SP500'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.