Clearshares Ultra Short Maturity Etf Market Value
| OPER Etf | USD 100.26 0.02 0.02% |
| Symbol | ClearShares |
Investors evaluate ClearShares Ultra Short using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ClearShares Ultra's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause ClearShares Ultra's market price to deviate significantly from intrinsic value.
It's important to distinguish between ClearShares Ultra's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ClearShares Ultra should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, ClearShares Ultra's market price signifies the transaction level at which participants voluntarily complete trades.
ClearShares Ultra '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 ClearShares Ultra'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 ClearShares Ultra.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in ClearShares Ultra on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding ClearShares Ultra Short Maturity or generate 0.0% return on investment in ClearShares Ultra over 90 days. ClearShares Ultra is related to or competes with ProShares Short, Direxion Daily, Direxion Daily, ProShares Short, AdvisorShares Dorsey, Direxion Daily, and Direxion Daily. The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective primarily by investi... More
ClearShares Ultra 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 ClearShares Ultra'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 ClearShares Ultra Short Maturity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0134 | |||
| Information Ratio | (3.67) | |||
| Maximum Drawdown | 0.0602 | |||
| Value At Risk | (0.01) | |||
| Potential Upside | 0.0403 |
ClearShares Ultra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ClearShares Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ClearShares Ultra's standard deviation. In reality, there are many statistical measures that can use ClearShares Ultra historical prices to predict the future ClearShares Ultra's volatility.| Risk Adjusted Performance | 0.252 | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | 0.0039 | |||
| Sortino Ratio | (4.44) | |||
| Treynor Ratio | (1.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ClearShares Ultra'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.
ClearShares Ultra January 29, 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 | 0.252 | |||
| Market Risk Adjusted Performance | (1.47) | |||
| Mean Deviation | 0.0132 | |||
| Downside Deviation | 0.0134 | |||
| Coefficient Of Variation | 105.83 | |||
| Standard Deviation | 0.0162 | |||
| Variance | 3.0E-4 | |||
| Information Ratio | (3.67) | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | 0.0039 | |||
| Sortino Ratio | (4.44) | |||
| Treynor Ratio | (1.48) | |||
| Maximum Drawdown | 0.0602 | |||
| Value At Risk | (0.01) | |||
| Potential Upside | 0.0403 | |||
| Downside Variance | 2.0E-4 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.02) | |||
| Skewness | 0.2499 | |||
| Kurtosis | (0.50) |
ClearShares Ultra Short Backtested Returns
Currently, ClearShares Ultra Short Maturity is very steady. ClearShares Ultra Short secures Sharpe Ratio (or Efficiency) of 0.93, which signifies that the etf had a 0.93 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for ClearShares Ultra Short Maturity, which you can use to evaluate the volatility of the entity. Please confirm ClearShares Ultra's risk adjusted performance of 0.252, and Mean Deviation of 0.0132 to double-check if the risk estimate we provide is consistent with the expected return of 0.0149%. The etf shows a Beta (market volatility) of -0.0036, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ClearShares Ultra are expected to decrease at a much lower rate. During the bear market, ClearShares Ultra is likely to outperform the market.
Auto-correlation | 0.99 |
Perfect predictability
ClearShares Ultra Short Maturity has perfect predictability. Overlapping area represents the amount of predictability between ClearShares Ultra time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 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 ClearShares Ultra Short price movement. The serial correlation of 0.99 indicates that 99.0% of current ClearShares Ultra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Pair Trading with ClearShares Ultra
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 ClearShares Ultra 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 ClearShares Ultra will appreciate offsetting losses from the drop in the long position's value.Moving together with ClearShares Etf
| 1.0 | BIL | SPDR Bloomberg 1 | PairCorr |
| 1.0 | SHV | iShares Short Treasury | PairCorr |
| 0.61 | JPST | JPMorgan Ultra Short | PairCorr |
| 1.0 | ICSH | iShares Ultra Short | PairCorr |
Moving against ClearShares Etf
The ability to find closely correlated positions to ClearShares Ultra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClearShares Ultra 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 ClearShares Ultra - 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 ClearShares Ultra Short Maturity to buy it.
The correlation of ClearShares Ultra 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 ClearShares Ultra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClearShares Ultra Short 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 ClearShares Ultra 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 ClearShares Ultra Correlation, ClearShares Ultra Volatility and ClearShares Ultra Alpha and Beta module to complement your research on ClearShares Ultra. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
ClearShares Ultra 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.