Proshares Ultrashort Bloomberg Etf Performance
| SCO Etf | USD 18.11 0.85 4.92% |
The etf holds a Beta of -0.0496, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ProShares UltraShort are expected to decrease at a much lower rate. During the bear market, ProShares UltraShort is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares UltraShort Bloomberg are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, ProShares UltraShort is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Russia-China Trade Grows Despite Global Challenges, Putin Highlights | 10/02/2024 |
2 | Exclusive Kazakhstan sees more close coordination with China in platforms like UN, SCO | 10/10/2024 |
3 | Crude Recovers Early Losses On Speculation Trumps Policies Will Boost Energy Demand - Barchart | 11/06/2024 |
4 | Suspect In Central China School Car Crash Held In Custody Police - Barrons | 11/19/2024 |
| In Threey Sharp Ratio | -0.74 |
ProShares |
ProShares UltraShort Relative Risk vs. Return Landscape
If you would invest 1,701 in ProShares UltraShort Bloomberg on August 27, 2024 and sell it today you would earn a total of 25.00 from holding ProShares UltraShort Bloomberg or generate 1.47% return on investment over 90 days. ProShares UltraShort Bloomberg is generating 0.0875% of daily returns assuming volatility of 3.6359% on return distribution over 90 days investment horizon. In other words, 32% of etfs are less volatile than ProShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ProShares UltraShort Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraShort's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares UltraShort Bloomberg, and traders can use it to determine the average amount a ProShares UltraShort's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0241
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| Cash | Small Risk | Average Risk | SCO | Huge Risk |
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Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ProShares UltraShort is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares UltraShort by adding it to a well-diversified portfolio.
ProShares UltraShort Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares UltraShort, and ProShares UltraShort fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ProShares Etf performance.
| Earnings Per Share | (2.57) X | |||
| Total Asset | 368.87 M | |||
About ProShares UltraShort Performance
By examining ProShares UltraShort's fundamental ratios, stakeholders can obtain critical insights into ProShares UltraShort's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ProShares UltraShort is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments based on WTI sweet, light crude oil. Ultrashort Bloomberg is traded on NYSEARCA Exchange in the United States.| ProShares UltraShort had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Suspect In Central China School Car Crash Held In Custody Police - Barrons | |
| This fund generated-27.0 ten year return of -27.0% | |
| ProShares UltraShort maintains all of the assets in different exotic instruments |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.