Proshares Ultrapro Russell2000 Etf Performance
| URTY Etf | USD 63.32 3.22 5.36% |
The etf holds a Beta of 4.62, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ProShares UltraPro will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares UltraPro Russell2000 are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, ProShares UltraPro showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Trump Win Fuels U.S. Stock Surge, Leveraged ETFs Soar - Yahoo Finance | 11/07/2024 |
| In Threey Sharp Ratio | -0.13 |
ProShares |
ProShares UltraPro Relative Risk vs. Return Landscape
If you would invest 5,116 in ProShares UltraPro Russell2000 on August 27, 2024 and sell it today you would earn a total of 1,216 from holding ProShares UltraPro Russell2000 or generate 23.77% return on investment over 90 days. ProShares UltraPro Russell2000 is currently generating 0.4071% in daily expected returns and assumes 3.913% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of etfs are less volatile than ProShares, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ProShares UltraPro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraPro's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares UltraPro Russell2000, and traders can use it to determine the average amount a ProShares UltraPro'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 = 0.104
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average ProShares UltraPro is performing at about 8% 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 UltraPro by adding it to a well-diversified portfolio.
ProShares UltraPro Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares UltraPro, and ProShares UltraPro 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.
| Price To Earning | 21.74 X | |||
| Price To Book | 1.90 X | |||
| Price To Sales | 1.15 X | |||
| Total Asset | 174.63 M | |||
About ProShares UltraPro Performance
Evaluating ProShares UltraPro's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ProShares UltraPro has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ProShares UltraPro has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrapro Russell is traded on NYSEARCA Exchange in the United States.| ProShares UltraPro had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Trump Win Fuels U.S. Stock Surge, Leveraged ETFs Soar - Yahoo Finance | |
| ProShares UltraPro created five year return of -3.0% | |
| This fund keeps 291.75% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraPro Russell2000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of ProShares UltraPro 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.