Proshares Ultra Gold Etf Analysis
| UGL Etf | USD 94.45 0.42 0.45% |
ProShares Ultra Gold is overvalued with Real Value of 87.39 and Hype Value of 94.51. The main objective of ProShares Ultra etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Ultra Gold is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
The ProShares Ultra etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
ProShares |
ProShares Etf Analysis Notes
ProShares Ultra is is formed as Partnership in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 14 constituents with avarage daily trading value of 201.3 K. The fund charges 0.95 percent management fee with a total expences of 0.95 percent of total asset. The fund generated five year return of 17.0%. ProShares Ultra Gold keeps 141.74% of net assets in stocks. 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 Gold is traded on NYSEARCA Exchange in the United States. For more information please call the company at NA.ProShares Ultra Gold Investment Alerts
| Latest headline from news.google.com: UGL 2x Gold 15 percent Dump Start To Be A Potentially Risky Choice - Seeking Alpha | |
| The fund keeps 141.74% of its net assets in stocks |
ProShares Ultra Thematic Classifications
In addition to having ProShares Ultra etf in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Precious Metals ETFsUSA ETFs from Precious Metals clasification | |
| Gold ETFsUSA ETFs from Gold clasification |
Management Efficiency
ProShares Ultra's management efficiency ratios could be used to measure how well ProShares Ultra manages its routine affairs as well as how well it operates its assets and liabilities.At ProShares Ultra Gold, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Returns 3 Y 19.54 | Returns 5 Y 16.89 | Returns 1 Y 66.24 | Total Assets 321.2 M | Returns 10 Y 9.65 |
Institutional Etf Holders for ProShares Ultra
Have you ever been surprised when a price of an equity instrument such as ProShares Ultra is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Ultra Gold backward and forwards among themselves. ProShares Ultra's institutional investor refers to the entity that pools money to purchase ProShares Ultra's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although ProShares Ultra's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses. Technical Drivers
As of the 26th of November, ProShares Ultra holds the Coefficient Of Variation of 1687.17, semi deviation of 2.06, and Risk Adjusted Performance of 0.0514. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Ultra, as well as the relationship between them. Please check ProShares Ultra Gold variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if ProShares Ultra Gold is priced some-what accurately, providing market reflects its current price of 94.45 per share.ProShares Ultra Gold Price Movement Analysis
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ProShares Ultra Outstanding Bonds
ProShares Ultra issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProShares Ultra Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProShares bonds can be classified according to their maturity, which is the date when ProShares Ultra Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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ProShares Ultra Predictive Daily Indicators
ProShares Ultra intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProShares Ultra etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1968.56 | |||
| Daily Balance Of Power | 0.3652 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 93.97 | |||
| Day Typical Price | 94.13 | |||
| Price Action Indicator | 0.7 | |||
| Period Momentum Indicator | 0.42 |
ProShares Ultra Forecast Models
ProShares Ultra's time-series forecasting models are one of many ProShares Ultra's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProShares Ultra's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ProShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how ProShares Ultra prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ProShares Ultra. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
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 Gold is traded on NYSEARCA Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ProShares Ultra to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of ProShares Ultra Gold 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.