Ultra Etf Profile

UYG -  USA Etf  

USD 64.45  0.63  0.97%

Ultra Financials is trading at 64.45 as of the 17th of September 2021, a -0.97 percent decrease since the beginning of the trading day. The etf's lowest day price was 64.25. Ultra Financials has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Ultra Financials ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of August 2021 and ending today, the 17th of September 2021. Click here to learn more.
 Market Performance
4 of 100
  Odds Of Distress
Less than 2

Ultra Financials Etf Profile

The investment seeks daily investment results, before fees and expenses, that correspond to two times the daily performance of the Dow Jones U.S. Ultra Financials is traded on NYSEArca Exchange in the United States. more on Ultra Financials
Ultra Financials ETF is unlikely to experience financial distress in the next 2 years
The fund keeps 86.04% of its net assets in stocks
Legal NameUltra Financials ETF
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 Ultra Financials' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerProShares
DescriptionProShares Ultra Financials
Inception Date2007-01-30
BenchmarkDow Jones US Financial Sector Index
Entity TypeRegulated Investment Company
Asset Under Management885.71 Million
Average Trading Valume69,688
Asset TypeEquity
CategorySector
FocusFinancials
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, Tarak Dave
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents255
Market MakerVirtu Financial
Total Expense0.95
Management Fee0.75
Average Daily Volume In Three Month77.62k
Average Daily Volume Last 10 Day59.51k
Ultra Financials ETF [UYG] is traded in USA and was established 2007-01-30. The fund is classified under Trading--Leveraged Equity category within ProShares family. Ultra Financials ETF at this time have 859.14 M in net assets. , while the total return for the last 3 years was 16.32%.
Check Ultra Financials Probability Of Bankruptcy

Geographic Allocation (%)

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 Ultra Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultra Financials , and the less return is expected.

Top Ultra Financials ETF Constituents

Ultra Financials Target Price Odds Analysis

What are Ultra Financials' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Ultra Financials jumping above the current price in 90 days from now is about 41.37%. The Ultra Financials ETF probability density function shows the probability of Ultra Financials etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 2.4959. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ultra Financials will likely underperform. Additionally, the company has an alpha of 0.0165, implying that it can generate a 0.0165 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 64.45HorizonTargetOdds Up 64.45 
58.32%90 days
 64.45 
41.37%
Based on a normal probability distribution, the odds of Ultra Financials to move above the current price in 90 days from now is about 41.37 (This Ultra Financials ETF probability density function shows the probability of Ultra Etf to fall within a particular range of prices over 90 days) .

Ultra Financials Major Institutional Holders

Institutional Holdings refers to the ownership stake in Ultra Financials that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ultra Financials' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ultra Financials' value.
InstituionSecurity TypeTotal SharesValue
Geneos Wealth Management IncFund Units331.1 K20.8 M
Jane Street Group LlcCall Options98.7 K6.1 M
Susquehanna International Group LlpPut Options39.4 K2.4 M
View Ultra Financials Diagnostics

Ultra Financials ETF Risk Profiles

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

Ultra Financials ETF Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Ultra Financials Price Natural Logarithm is logarithm with base 'e' where e is equal to 2.718281828. It is applied on the entire Ultra Financials ETF pricing series. View also all equity analysis or get more info about price natural logarithm math transform indicator.

Ultra Financials Against Markets

Picking the right benchmark for Ultra Financials 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 Ultra Financials 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 Ultra Financials is critical whether you are bullish or bearish towards Ultra Financials 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 Ultra Financials 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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Also, please take a look at World Market Map. Note that the Ultra Financials ETF information on this page should be used as a complementary analysis to other Ultra Financials' 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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