Proshares Ultrashort Euro Etf Net Income
| EUO Etf | USD 29.24 0.40 1.39% |
As of the 3rd of March, ProShares UltraShort holds the Risk Adjusted Performance of (0.02), variance of 0.5872, and Coefficient Of Variation of (3,311). ProShares UltraShort Euro technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices.
ProShares UltraShort's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing ProShares UltraShort's valuation are provided below:Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
ProShares | Build AI portfolio with ProShares Etf |
ProShares UltraShort Euro'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.
It's important to distinguish between ProShares UltraShort's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProShares UltraShort should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.
ProShares UltraShort 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ProShares UltraShort's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ProShares UltraShort.
| 12/03/2025 |
| 03/03/2026 |
If you would invest 0.00 in ProShares UltraShort on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding ProShares UltraShort Euro or generate 0.0% return on investment in ProShares UltraShort over 90 days. ProShares UltraShort is related to or competes with Nuveen Short, Teucrium Soybean, ProShares Ultra, Direxion Daily, WBI BullBear, First Trust, and Direxion Daily. The fund seeks to meet its investment objective, under normal market conditions, by obtaining short exposures to its ben... More
ProShares UltraShort Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ProShares UltraShort's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ProShares UltraShort Euro upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.1 |
ProShares UltraShort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraShort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ProShares UltraShort's standard deviation. In reality, there are many statistical measures that can use ProShares UltraShort historical prices to predict the future ProShares UltraShort's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (3.90) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares UltraShort's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ProShares UltraShort March 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (3.89) | |||
| Mean Deviation | 0.5437 | |||
| Coefficient Of Variation | (3,311) | |||
| Standard Deviation | 0.7663 | |||
| Variance | 0.5872 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (3.90) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.1 | |||
| Skewness | (0.31) | |||
| Kurtosis | 1.94 |
ProShares UltraShort Euro Backtested Returns
As of now, ProShares Etf is very steady. ProShares UltraShort Euro maintains Sharpe Ratio (i.e., Efficiency) of 0.0184, which implies the entity had a 0.0184 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for ProShares UltraShort Euro, which you can use to evaluate the volatility of the etf. Please check ProShares UltraShort's Risk Adjusted Performance of (0.02), coefficient of variation of (3,311), and Variance of 0.5872 to confirm if the risk estimate we provide is consistent with the expected return of 0.0144%. The etf holds a Beta of 0.0085, which implies not very significant fluctuations relative to the market. As returns on the market increase, ProShares UltraShort's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares UltraShort is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
ProShares UltraShort Euro has good predictability. Overlapping area represents the amount of predictability between ProShares UltraShort time series from 3rd of December 2025 to 17th of January 2026 and 17th of January 2026 to 3rd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ProShares UltraShort Euro price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current ProShares UltraShort price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, ProShares UltraShort Euro reported net income of 0.0. This indicator is about the same for the ProShares average (which is currently at 0.0) family and about the same as Trading--Miscellaneous (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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 Euro is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs 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 Fundamentals
| Number Of Employees | 127 | |||
| Beta | -24.33 | |||
| Total Asset | 90.62 M | |||
| One Year Return | (19.00) % | |||
| Three Year Return | (2.40) % | |||
| Five Year Return | 4.10 % | |||
| Ten Year Return | 1.00 % | |||
| Net Asset | 90.62 M |
About ProShares UltraShort Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares UltraShort Euro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares UltraShort using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares UltraShort Euro based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ProShares UltraShort
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares UltraShort position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares UltraShort will appreciate offsetting losses from the drop in the long position's value.Moving together with ProShares Etf
Moving against ProShares Etf
| 0.95 | UDN | Invesco DB Dollar | PairCorr |
| 0.62 | UGL | ProShares Ultra Gold | PairCorr |
| 0.61 | DGP | DB Gold Double | PairCorr |
| 0.5 | NUGT | Direxion Daily Gold | PairCorr |
| 0.46 | CEFD | ETRACS Monthly Pay | PairCorr |
The ability to find closely correlated positions to ProShares UltraShort could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares UltraShort when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares UltraShort - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares UltraShort Euro to buy it.
The correlation of ProShares UltraShort is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares UltraShort moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares UltraShort Euro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares UltraShort can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
ProShares UltraShort Euro'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.
It's important to distinguish between ProShares UltraShort's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProShares UltraShort should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.