Proshares Ultrapro Russell2000 Etf One Year Return
| URTY Etf | USD 63.32 3.22 5.36% |
ProShares UltraPro Russell2000 fundamentals help investors to digest information that contributes to ProShares UltraPro'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 UltraPro'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 UltraPro etf.
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ProShares UltraPro Russell2000 ETF One Year Return Analysis
ProShares UltraPro's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current ProShares UltraPro One Year Return | 93.50 % |
Most of ProShares UltraPro's fundamental indicators, such as One Year Return, 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 UltraPro Russell2000 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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ProShares UltraPro One Year Return Component Assessment
Based on the recorded statements, ProShares UltraPro Russell2000 has an One Year Return of 93%. This is 650.65% lower than that of the ProShares family and notably higher than that of the Family category. The one year return for all United States etfs is notably lower than that of the firm.
ProShares One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares UltraPro's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares UltraPro could also be used in its relative valuation, which is a method of valuing ProShares UltraPro by comparing valuation metrics of similar companies.ProShares UltraPro is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for ProShares UltraPro
The fund invests 291.75% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides ProShares UltraPro's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ProShares Fundamentals
| Price To Earning | 21.74 X | |||
| Price To Book | 1.90 X | |||
| Price To Sales | 1.15 X | |||
| Number Of Employees | 154 | |||
| Beta | 3.26 | |||
| Total Asset | 174.63 M | |||
| One Year Return | 93.50 % | |||
| Three Year Return | (17.80) % | |||
| Five Year Return | (2.70) % | |||
| Ten Year Return | 4.00 % | |||
| Net Asset | 174.63 M | |||
| Last Dividend Paid | 0.12 | |||
| Equity Positions Weight | 291.75 % |
About ProShares UltraPro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares UltraPro Russell2000's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares UltraPro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares UltraPro Russell2000 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.
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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 UltraPro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares UltraPro'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 Ultrapro Russell2000 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultrapro Russell2000 Etf:Check out ProShares UltraPro Piotroski F Score and ProShares UltraPro Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of ProShares UltraPro 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.