ProShares Ultra One Year Return vs. Three Year Return
| AGQ Etf | USD 37.83 0.41 1.10% |
For ProShares Ultra profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ProShares Ultra to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ProShares Ultra Silver utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ProShares Ultra's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ProShares Ultra Silver over time as well as its relative position and ranking within its peers.
ProShares |
The market value of ProShares Ultra Silver 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.
ProShares Ultra Silver Three Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Ultra's current stock value. Our valuation model uses many indicators to compare ProShares Ultra value to that of its competitors to determine the firm's financial worth. ProShares Ultra Silver is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs reporting about 0.04 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for ProShares Ultra Silver is roughly 28.25 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Ultra by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ProShares Three Year Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
ProShares Ultra |
| = | 45.20 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
ProShares Ultra |
| = | 1.60 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
ProShares Three Year Return Comparison
ProShares Ultra is currently under evaluation in three year return as compared to similar ETFs.
ProShares Ultra Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ProShares Ultra, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ProShares Ultra will eventually generate negative long term returns. The profitability progress is the general direction of ProShares Ultra's change in net profit over the period of time. It can combine multiple indicators of ProShares Ultra, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 the benchmark. Ultra Silver is traded on NYSEARCA Exchange in the United States.
ProShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ProShares Ultra. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ProShares Ultra position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ProShares Ultra's important profitability drivers and their relationship over time.
| One Year Return vs Beta | ||
| Five Year Return vs Three Year Return | ||
| One Year Return vs Ten Year Return | ||
| Net Asset vs Three Year Return | ||
| One Year Return vs Equity Positions Weight |
Use ProShares Ultra in pair-trading
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 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 ProShares Ultra will appreciate offsetting losses from the drop in the long position's value.ProShares Ultra Pair Trading
ProShares Ultra Silver Pair Trading Analysis
The ability to find closely correlated positions to ProShares 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 ProShares 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 ProShares 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 ProShares Ultra Silver to buy it.
The correlation of ProShares 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 ProShares Ultra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Ultra Silver 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 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.Use Investing Themes to Complement your ProShares Ultra position
In addition to having ProShares Ultra in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
To fully project ProShares Ultra's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ProShares Ultra Silver at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ProShares Ultra's income statement, its balance sheet, and the statement of cash flows.