ProShares UltraShort Financials
| SMN Etf | USD 10.49 0.46 4.20% |
Net Expense Ratio 0.0095 | 3 y Sharp Ratio (0.33) |
ProShares | Build AI portfolio with ProShares Etf |
The data published in ProShares UltraShort's official financial statements typically reflect ProShares UltraShort's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ProShares UltraShort's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares UltraShort's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
ProShares UltraShort Etf Summary
ProShares UltraShort competes with ProShares UltraShort, ProShares UltraShort, ProShares UltraShort, MicroSectors Travel, and GraniteShares YieldBoost. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Basic is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US74347G6145 |
| Region | North America |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | Sector |
| Portfolio Concentration | Materials |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ProShares UltraShort Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares UltraShort's current stock value. Our valuation model uses many indicators to compare ProShares UltraShort value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares UltraShort competition to find correlations between indicators driving ProShares UltraShort's intrinsic value. More Info.ProShares UltraShort Basic is rated fourth largest ETF in beta as compared to similar ETFs. It is rated third largest ETF in one year return as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares UltraShort's earnings, one of the primary drivers of an investment's value.ProShares UltraShort Thematic Clasifications
ProShares UltraShort Basic is part of several thematic ideas from Sector ETFs to Materials ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasProShares UltraShort February 4, 2026 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares UltraShort help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares UltraShort Basic. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares UltraShort Basic based on widely used predictive technical indicators. In general, we focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProShares UltraShort's daily price indicators and compare them against related drivers.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 7.65 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 2.98 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Basic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
ProShares UltraShort's market price often diverges from its book value, the accounting figure shown on ProShares's balance sheet. Smart investors calculate ProShares UltraShort's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since ProShares UltraShort's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.