Proshares Ultrashort Midcap400 Etf Net Asset
| MZZ Etf | USD 8.51 0.06 0.71% |
ProShares UltraShort MidCap400 fundamentals help investors to digest information that contributes to ProShares UltraShort's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares UltraShort's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProShares UltraShort etf.
ProShares |
ProShares UltraShort MidCap400 ETF Net Asset Analysis
ProShares UltraShort's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current ProShares UltraShort Net Asset | 3.54 M |
Most of ProShares UltraShort's fundamental indicators, such as Net Asset, 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 UltraShort MidCap400 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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ProShares UltraShort Net Asset Component Assessment
Based on the recorded statements, ProShares UltraShort MidCap400 has a Net Asset of 3.54 M. This is 96.95% lower than that of the ProShares family and 86.87% lower than that of the Family category. The net asset for all United States etfs is 99.85% higher than that of the company.
ProShares Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares UltraShort's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares UltraShort could also be used in its relative valuation, which is a method of valuing ProShares UltraShort by comparing valuation metrics of similar companies.ProShares UltraShort is currently under evaluation in net asset as compared to similar ETFs.
ProShares Fundamentals
| Number Of Employees | 10 | |||
| Beta | -2.1 | |||
| Total Asset | 3.54 M | |||
| One Year Return | (40.70) % | |||
| Three Year Return | (17.20) % | |||
| Five Year Return | (31.00) % | |||
| Ten Year Return | (25.10) % | |||
| Net Asset | 3.54 M | |||
| Last Dividend Paid | 0.014 | |||
| Equity Positions Weight | (190.90) % |
About ProShares UltraShort Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares UltraShort MidCap400'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 MidCap400 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.
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 UltraShort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares UltraShort's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Ultrashort Midcap400 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultrashort Midcap400 Etf:Check out ProShares UltraShort Piotroski F Score and ProShares UltraShort Altman Z Score analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.