Proshares Ultrashort Euro Etf Market Value
| EUO Etf | USD 27.90 0.02 0.07% |
| Symbol | ProShares |
ProShares UltraShort Euro's market price often diverges from its book value, the accounting figure shown on ProShares's balance sheet. Smart investors calculate ProShares UltraShort's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since ProShares UltraShort's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between ProShares UltraShort's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProShares UltraShort should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.
ProShares UltraShort 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ProShares UltraShort's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ProShares UltraShort.
| 11/17/2025 |
| 02/15/2026 |
If you would invest 0.00 in ProShares UltraShort on November 17, 2025 and sell it all today you would earn a total of 0.00 from holding ProShares UltraShort Euro or generate 0.0% return on investment in ProShares UltraShort over 90 days. ProShares UltraShort is related to or competes with Nuveen Short, Teucrium Soybean, Direxion Daily, WBI BullBear, First Trust, Direxion Daily, and WisdomTree Emerging. The fund seeks to meet its investment objective, under normal market conditions, by obtaining short exposures to its ben... More
ProShares UltraShort Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ProShares UltraShort's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ProShares UltraShort Euro upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 0.7917 |
ProShares UltraShort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraShort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ProShares UltraShort's standard deviation. In reality, there are many statistical measures that can use ProShares UltraShort historical prices to predict the future ProShares UltraShort's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (4.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares UltraShort's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ProShares UltraShort February 15, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (4.07) | |||
| Mean Deviation | 0.5309 | |||
| Coefficient Of Variation | (1,195) | |||
| Standard Deviation | 0.725 | |||
| Variance | 0.5257 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (4.08) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 0.7917 | |||
| Skewness | (0.60) | |||
| Kurtosis | 2.03 |
ProShares UltraShort Euro Backtested Returns
ProShares UltraShort Euro maintains Sharpe Ratio (i.e., Efficiency) of -0.079, which implies the entity had a -0.079 % return per unit of risk over the last 3 months. ProShares UltraShort Euro exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares UltraShort's Risk Adjusted Performance of (0.07), coefficient of variation of (1,195), and Variance of 0.5257 to confirm the risk estimate we provide. The etf holds a Beta of 0.0173, which implies not very significant fluctuations relative to the market. As returns on the market increase, ProShares UltraShort's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares UltraShort is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
ProShares UltraShort Euro has good predictability. Overlapping area represents the amount of predictability between ProShares UltraShort time series from 17th of November 2025 to 1st of January 2026 and 1st of January 2026 to 15th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ProShares UltraShort Euro price movement. The serial correlation of 0.73 indicates that around 73.0% of current ProShares UltraShort price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Pair Trading with ProShares UltraShort
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares UltraShort position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares UltraShort will appreciate offsetting losses from the drop in the long position's value.Moving together with ProShares Etf
Moving against ProShares Etf
| 0.97 | UDN | Invesco DB Dollar | PairCorr |
| 0.72 | JNUG | Direxion Daily Junior | PairCorr |
| 0.7 | NUGT | Direxion Daily Gold | PairCorr |
| 0.68 | GDXU | MicroSectors Gold Miners Upward Rally | PairCorr |
| 0.65 | MUU | Direxion Daily MU | PairCorr |
The ability to find closely correlated positions to ProShares UltraShort could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares UltraShort when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares UltraShort - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares UltraShort Euro to buy it.
The correlation of ProShares UltraShort is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares UltraShort moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares UltraShort Euro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares UltraShort can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ProShares UltraShort Correlation, ProShares UltraShort Volatility and ProShares UltraShort Performance module to complement your research on ProShares UltraShort. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.