Proshares Ultra Yen Etf Analysis
| YCL Etf | USD 25.44 0.22 0.87% |
ProShares Ultra Yen is overvalued with Real Value of 23.92 and Hype Value of 25.41. The main objective of ProShares Ultra etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Ultra Yen is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
The ProShares Ultra etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
ProShares |
ProShares Etf Analysis Notes
ProShares Ultra is is formed as Partnership in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 40 constituents with avarage daily trading value of 98.3 K. The fund charges 0.95 percent management fee with a total expences of 0.95 percent of total asset. The fund keeps all of the net assets in exotic instruments. The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments based on the funds benchmark. Ultra Yen is traded on NYSEARCA Exchange in the United States. For more information please call the company at NA.Currency Exposure
ProShares Ultra Yen manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of ProShares Ultra will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
ProShares Ultra Yen Investment Alerts
| Latest headline from news.google.com: The Yen Will Get There, Eventually - Seeking Alpha | |
| This fund generated-10.0 ten year return of -10.0% | |
| ProShares Ultra keeps all of the net assets in exotic instruments |
Management Efficiency
ProShares Ultra's management efficiency ratios could be used to measure how well ProShares Ultra manages its routine affairs as well as how well it operates its assets and liabilities.The analysis of ProShares Ultra's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ProShares Ultra's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ProShares Etf analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Returns 3 Y (21.46) | Returns 5 Y (15.37) | Returns 1 Y (1.59) | Total Assets 52 M | Returns 10 Y (10.17) |
Top ProShares Ultra Yen Etf Constituents
| Net Other Assets / Cash | 100% |
| YEN/US DOLLAR FORWARD - GOLDMAN SACHS | 100% |
| YEN/US DOLLAR FORWARD - UBS | 100% |
Technical Drivers
As of the 11th of September 2024, ProShares Ultra holds the Semi Deviation of 0.8242, coefficient of variation of 624.94, and Risk Adjusted Performance of 0.1317. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Ultra, as well as the relationship between them. Please check ProShares Ultra Yen information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if ProShares Ultra Yen is priced some-what accurately, providing market reflects its current price of 25.44 per share.ProShares Ultra Yen Price Movement Analysis
The output start index for this execution was fifty-one with a total number of output elements of ten. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Ultra middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ProShares Ultra Yen. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares Ultra Outstanding Bonds
ProShares Ultra issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProShares Ultra Yen uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProShares bonds can be classified according to their maturity, which is the date when ProShares Ultra Yen has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| CVS Health Corp Corp BondUS126650DE72 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US74348YAV39 Corp BondUS74348YAV39 | View |
ProShares Ultra Predictive Daily Indicators
ProShares Ultra intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProShares Ultra etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1383.99 | |||
| Daily Balance Of Power | 0.5789 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 25.29 | |||
| Day Typical Price | 25.34 | |||
| Price Action Indicator | 0.26 | |||
| Period Momentum Indicator | 0.22 |
ProShares Ultra Forecast Models
ProShares Ultra's time-series forecasting models are one of many ProShares Ultra's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProShares Ultra's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ProShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how ProShares Ultra prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ProShares Ultra. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments based on the funds benchmark. Ultra Yen is traded on NYSEARCA Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ProShares Ultra to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Technical Analysis Now
Technical AnalysisCheck basic technical indicators and analysis based on most latest market data |
| All Next | Launch Module |
Additional Information and Resources on Investing in ProShares Etf
When determining whether ProShares Ultra Yen 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Yen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of ProShares Ultra Yen 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.