Is ProShares UltraShort a good short term buy?
 | By Ellen Johnson | Macroaxis Story |
In this story I am going to address all ProShares UltraShort shareholders. We will look into why despite regular market tumult, the longer-term fundamental drivers of the fund are still sound. On the 24th of June the company is traded for 19.37. ProShares UltraShort stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. The entityThe immediate return on the next news is forecasted to be very small whereas the daily expected return is currently at -0.46%. The volatility of relative hype elasticity to ProShares UltraShort is about 14903.23%%. . Considering the 30-days investment horizon, the next forecasted announcement will be in a few days. The firm moves completely opposite to the market.
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Reviewed by Rifka Kats
The entity dividends can provide a clue to the current valuation of the etf. ProShares UltraShort one year expected dividend income is about $0.23 per share. The company last dividend was issued on the . The successful prediction of ProShares UltraShort stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ProShares UltraShort Dow30, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ProShares UltraShort based on ProShares UltraShort hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to ProShares UltraShort's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ProShares UltraShort's related companies.
A focus of ProShares UltraShort technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProShares UltraShort trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...
Use Technical Analysis to project ProShares expected Price
ProShares UltraShort technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Sector Allocation
Exchange-Traded Funds use many different techniques to achieve diversification. One of the ways ProShares UltraShort ETF is managing risk is by picking assets from different sectors and across various asset classes. It helps to ensure that returns are uncorrelated, and risk is spread across the underlying asset classes and industries. Within the same asset class, diversification can be achieved by investing in various investment styles through cross-sector allocation. Below map breaks down ProShares UltraShort sector allocation.VolatilityDetails
ProShares UltraShort defends 212.06 m net asset. ProShares UltraShort is selling at 19.37. That is 5.44 percent increase. The latest price is at 19.37. null
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