Proshares Ultrashort Bloomberg Etf Performance
| KOLD Etf | USD 73.20 0.20 0.27% |
The etf holds a Beta of 1.54, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ProShares UltraShort will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares UltraShort Bloomberg are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting essential indicators, ProShares UltraShort exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Best InverseLeveraged ETF Areas of Last Week - Yahoo Canada Finance | 04/01/2024 |
| In Threey Sharp Ratio | 0.27 |
ProShares |
ProShares UltraShort Relative Risk vs. Return Landscape
If you would invest 5,418 in ProShares UltraShort Bloomberg on January 20, 2024 and sell it today you would earn a total of 1,902 from holding ProShares UltraShort Bloomberg or generate 35.11% return on investment over 90 days. ProShares UltraShort Bloomberg is currently generating 1.552% in daily expected returns and assumes 15.6673% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than ProShares, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ProShares UltraShort Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraShort's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares UltraShort Bloomberg, and traders can use it to determine the average amount a ProShares UltraShort's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0991
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | KOLD | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 15.67 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.55 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ProShares UltraShort is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares UltraShort by adding it to a well-diversified portfolio.
ProShares UltraShort Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares UltraShort, and ProShares UltraShort fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ProShares Etf performance.
| Total Asset | 242.46 M | |||
About ProShares UltraShort Performance
To evaluate ProShares UltraShort Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ProShares UltraShort generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ProShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ProShares UltraShort market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ProShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to meet its investment objective by investing in Natural Gas futures contracts. Ultrashort Bloomberg is traded on NYSEARCA Exchange in the United States.| ProShares UltraShort is way too risky over 90 days horizon | |
| ProShares UltraShort appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Best InverseLeveraged ETF Areas of Last Week - Yahoo Canada Finance | |
| This fund created-11.0 ten year return of -11.0% | |
| ProShares UltraShort maintains all of the assets in different exotic instruments |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Bloomberg. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of ProShares UltraShort 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 UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort'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 UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort'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 UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort'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.