Proshares Ultra Bloomberg Etf Performance
| UCO Etf | USD 27.14 0.50 1.88% |
The etf holds a Beta of 0.0568, which implies not very significant fluctuations relative to the market. As returns on the market increase, ProShares Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares Ultra is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days ProShares Ultra Bloomberg has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy fundamental indicators, ProShares Ultra is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Crude Oil Regains Holds Above 75 As Supply Woes Persist | 08/30/2024 |
2 | Disposition of 3000 shares by Dutton Uriel E of ProShares Ultra at 75.27 subject to Rule 16b-3 | 09/13/2024 |
3 | Inflation Obsession Takes Center Stage, If Only For A Day | 10/11/2024 |
4 | India Is Experiencing A Surge In Inflation. US Stock Indices Are Once Again Updating Historical Highs. | 10/15/2024 |
5 | WTI Rallies After API Reports Across-The-Board Inventory Draws | 10/17/2024 |
6 | Salesforce Inc. Stocks Elliott Wave Technical Analysis - Wednesday, October 23 | 10/23/2024 |
7 | The Commodities Feed Supply Risks Subside For Now | 10/29/2024 |
8 | Oil Prices Fall Amid Rising Stocks, Weak China Imports Market Uncertain Over Impact Of Trumps Win | 11/07/2024 |
9 | WTI Drops To Near 68.00 As OPEC Cuts Demand View | 11/13/2024 |
10 | Universal Consulting Opportunities , une filiale de Stellar MLS, signe un accord avec NAR India en tant que conseiller pour le dveloppement dun service inter-ag... | 11/15/2024 |
11 | WTI Holds Steady Below 69.50 Amid Mounting Russia-Ukraine Tensions | 11/20/2024 |
| In Threey Sharp Ratio | 0.20 |
ProShares |
ProShares Ultra Relative Risk vs. Return Landscape
If you would invest 2,972 in ProShares Ultra Bloomberg on August 27, 2024 and sell it today you would lose (258.00) from holding ProShares Ultra Bloomberg or give up 8.68% of portfolio value over 90 days. ProShares Ultra Bloomberg is generating negative expected returns assuming volatility of 3.6212% 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 Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Ultra's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Ultra Bloomberg, and traders can use it to determine the average amount a ProShares Ultra'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 = -0.0212
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UCO |
Estimated Market Risk
| 3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Ultra is not performing at its full potential. However, 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 Ultra by adding ProShares Ultra to a well-diversified portfolio.
ProShares Ultra Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Ultra, and ProShares Ultra 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.
| Total Asset | 796.6 M | |||
About ProShares Ultra Performance
By examining ProShares Ultra's fundamental ratios, stakeholders can obtain critical insights into ProShares Ultra'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 Ultra 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. Ultra Bloomberg is traded on NYSEARCA Exchange in the United States.| ProShares Ultra generated a negative expected return over the last 90 days | |
| ProShares Ultra has high historical volatility and very poor performance | |
| Latest headline from talkmarkets.com: WTI Holds Steady Below 69.50 Amid Mounting Russia-Ukraine Tensions | |
| ProShares Ultra Bloomberg generated-32.0 ten year return of -32.0% | |
| This fund keeps all of the net assets in exotic instruments |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of ProShares Ultra Bloomberg 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.