Proshares Ultrashort Bloomberg Etf Market Value
| SCO Etf | USD 16.05 0.35 2.23% |
| Symbol | ProShares |
Understanding ProShares UltraShort requires distinguishing between market price and book value, where the latter reflects ProShares's accounting equity. The concept of intrinsic value - what ProShares UltraShort's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push ProShares UltraShort's price substantially above or below its fundamental 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. In contrast, ProShares UltraShort's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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.
| 11/08/2025 |
| 02/06/2026 |
If you would invest 0.00 in ProShares UltraShort on November 8, 2025 and sell it all today you would earn a total of 0.00 from holding ProShares UltraShort Bloomberg or generate 0.0% return on investment in ProShares UltraShort over 90 days. ProShares UltraShort is related to or competes with ProShares UltraShort, Invesco DB, Direxion Daily, 1x Short, SPDR SP, Direxion Daily, and Roundhill ETF. The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinat... 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 Bloomberg upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 15.04 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 4.69 |
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 | (0.02) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.29) |
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 6, 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 2.37 | |||
| Coefficient Of Variation | (2,349) | |||
| Standard Deviation | 3.06 | |||
| Variance | 9.36 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 15.04 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 4.69 | |||
| Skewness | 0.4363 | |||
| Kurtosis | 0.7583 |
ProShares UltraShort Backtested Returns
ProShares UltraShort maintains Sharpe Ratio (i.e., Efficiency) of -0.0477, which implies the entity had a -0.0477 % return per unit of risk over the last 3 months. ProShares UltraShort exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares UltraShort's Variance of 9.36, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,349) to confirm the risk estimate we provide. The etf holds a Beta of 0.48, which implies possible diversification benefits within a given portfolio. 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 | -0.7 |
Very good reverse predictability
ProShares UltraShort Bloomberg has very good reverse predictability. Overlapping area represents the amount of predictability between ProShares UltraShort time series from 8th of November 2025 to 23rd of December 2025 and 23rd of December 2025 to 6th 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 price movement. The serial correlation of -0.7 indicates that around 70.0% of current ProShares UltraShort price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 2.04 |
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
| 0.76 | KORU | Direxion Daily South | PairCorr |
| 0.72 | MUU | Direxion Daily MU | PairCorr |
| 0.68 | MULL | GraniteShares 2x Long | PairCorr |
| 0.58 | SHNY | Microsectors Gold | PairCorr |
| 0.5 | AGQ | ProShares Ultra Silver | 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 Bloomberg 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 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.