UltraShort Consumer Goods declares quarterly distribution of 0.1926
SZK Etf | USD 11.67 0.09 0.77% |
About 62% of ProShares UltraShort's investor base is looking to short. The current sentiment regarding investing in ProShares UltraShort Consumer etf implies that many traders are alarmed. ProShares UltraShort's investing sentiment shows overall attitude of investors towards ProShares UltraShort Consumer.
ProShares |
UltraShort Consumer Goods - 0.1926.Payable Sep 27 for shareholders of record Sep 21 ex-div Sep 20.
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ProShares UltraShort Fundamental Analysis
We analyze ProShares UltraShort'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 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.
Ten Year Return
Ten Year Return Comparative Analysis
ProShares UltraShort is currently under evaluation in ten year return as compared to similar ETFs. Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
ProShares UltraShort Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares UltraShort etf to make a market-neutral strategy. 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 with similar companies.
Peers
ProShares UltraShort Related Equities
SDP | ProShares UltraShort | 0.49 | ||||
SIJ | ProShares UltraShort | 0.14 | ||||
RXD | ProShares UltraShort | 0.95 | ||||
REW | ProShares UltraShort | 1.91 | ||||
SCC | ProShares UltraShort | 1.93 |
Check out ProShares UltraShort Hype Analysis, ProShares UltraShort Correlation and ProShares UltraShort Performance. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.