ProShares Ultra Financial Statements From 2010 to 2024

QLD Etf  USD 102.59  1.57  1.55%   
ProShares Ultra financial statements provide useful quarterly and yearly information to potential ProShares Ultra QQQ investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ProShares Ultra financial statements helps investors assess ProShares Ultra's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ProShares Ultra's valuation are summarized below:
ProShares Ultra QQQ does not presently have any trending fundamental ratios for analysis.
Check ProShares Ultra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Ultra's main balance sheet or income statement drivers, such as , as well as many indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares Ultra Valuation or Volatility modules.
  
This module can also supplement various ProShares Ultra Technical models . Check out the analysis of ProShares Ultra Correlation against competitors.

ProShares Ultra QQQ 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.

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More About Price To Earning | All Equity Analysis

Current ProShares Ultra Price To Earning

    
  20.67 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 QQQ 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.
Competition

ProShares Ultra Price To Earning Component Assessment

Based on the latest financial disclosure, ProShares Ultra QQQ has a Price To Earning of 20.67 times. This is 274.46% higher than that of the ProShares family and 9.17% higher 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 QQQ 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 QQQ is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about  0.22  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Ultra QQQ is roughly  4.53 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Ultra by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

About ProShares Ultra Financial Statements

ProShares Ultra stakeholders use historical fundamental 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 analyze each financial statement separately, they are all interrelated. For example, changes in ProShares Ultra's assets and liabilities are reflected in the revenues and expenses on ProShares Ultra's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ProShares Ultra QQQ. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra QQQ is traded on NYSEARCA Exchange in the United States.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ProShares Ultra QQQ is a strong investment it is important to analyze ProShares Ultra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out the analysis of ProShares Ultra Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of ProShares Ultra QQQ 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.