Is This Cryptocurrency ETF a No-Brainer Buy - The Motley Fool
| UJB Etf | USD 74.47 0.33 0.45% |
About 53% of ProShares Ultra's investor base is interested to short. The current sentiment regarding investing in ProShares Ultra High etf implies that many traders are impartial. The current market sentiment, together with ProShares Ultra's historical and current headlines, can help investors time the market. In addition, many technical investors use ProShares Ultra High etf news signals to limit their universe of possible portfolio assets.
ProShares |
Is This Cryptocurrency ETF a No-Brainer Buy The Motley Fool
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ProShares Ultra Fundamental Analysis
We analyze ProShares Ultra's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Ultra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Ultra 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.
One Year Return
One Year Return Comparative Analysis
ProShares Ultra is currently under evaluation in one year return as compared to similar ETFs. 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.
ProShares Ultra High 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 Ultra etf to make a market-neutral strategy. Peer analysis of ProShares Ultra could also be used in its relative valuation, which is a method of valuing ProShares Ultra by comparing valuation metrics with similar companies.
Peers
ProShares Ultra Related Equities
| EZJ | ProShares Ultra | 4.90 | ||||
| EFO | ProShares Ultra | 2.61 | ||||
| UPV | ProShares Ultra | 1.97 | ||||
| UBR | ProShares Ultra | 7.67 |
Check out ProShares Ultra Hype Analysis, ProShares Ultra Correlation and ProShares Ultra Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of ProShares Ultra High 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.