Proshares Ultrashort Utilities Etf Analysis

SDP Etf  USD 11.68  0.68  5.50%   
ProShares UltraShort Utilities is overvalued with Real Value of 10.98 and Hype Value of 11.68. The main objective of ProShares UltraShort etf analysis is to determine its intrinsic value, which is an estimate of what ProShares UltraShort Utilities is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of ProShares UltraShort Utilities. On the other hand, technical analysis, focuses on the price and volume data of ProShares Etf to identify patterns and trends that may indicate its future price movements.
The ProShares UltraShort 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 UltraShort is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. ProShares Etf trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ProShares UltraShort's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Utilities. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

ProShares Etf Analysis Notes

ProShares UltraShort is is formed as Regulated Investment Company in the United States. ETF is managed and operated by JPMorgan Chase Bank, N.A.. The fund has 23 constituents with avarage daily trading value of 5.2 K. The fund charges 0.75 percent management fee with a total expences of 4.68 percent of total asset. The fund maintains most of the assets in different exotic instruments. ProShares UltraShort last dividend was 0.012 per share. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Utilities is traded on NYSEARCA Exchange in the United States. To find out more about ProShares UltraShort Utilities contact the company at NA.

ProShares UltraShort Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ProShares UltraShort's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares UltraShort Utilities or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
ProShares UltraShort generated a negative expected return over the last 90 days
Latest headline from prnewswire.com: SDP Announces Their Annual Conference April 15-19, 2024
This fund generated-21.0 ten year return of -21.0%
ProShares UltraShort maintains most of the assets in different exotic instruments.

ProShares UltraShort Thematic Classifications

In addition to having ProShares UltraShort 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.
Utilities ETFs Idea
Utilities ETFs
USA ETFs from Utilities clasification
Sector ETFs Idea
Sector ETFs
USA ETFs from Sector clasification

Management Efficiency

ProShares UltraShort's management efficiency ratios could be used to measure how well ProShares UltraShort manages its routine affairs as well as how well it operates its assets and liabilities.
The analysis of ProShares UltraShort's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ProShares UltraShort's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ProShares Etf analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Max Mgmt Charge
0.00
Holdings Turnover
0.45
Holdings Count
48
Net Expense Ratio
0.0095
Total Assets
963.6 K

Top ProShares UltraShort Utilities Etf Constituents

AWKAmerican Water WorksStockUtilities
SRESempra EnergyStockUtilities
SOSouthern CompanyStockUtilities
NFGNational Fuel GasStockGas Utilities
VSTVistra Energy CorpStockBasic Utilities
SWXSouthwest Gas HoldingsStockBasic Utilities
PPLPPL CorporationStockPower Assets
EVRGEvergy Common StockStockUtilities
WECWEC Energy GroupStockBasic Utilities
DDominion EnergyStockUtilities
FEFirstEnergyStockUtilities
NRGNRG EnergyStockBasic Utilities
NEENextera EnergyStockBasic Utilities
LNTAlliant Energy CorpStockBasic Utilities
AGRAvangridStockUtilities
AEEAmeren CorpStockUtilities
NINiSourceStockBasic Utilities
AESThe AESStockAlternative Energy
CNPCenterPoint EnergyStockBasic Utilities
UGIUGI CorporationStockGas Utilities
PNWPinnacle West CapitalStockElectric Utilities
MDUMDU Resources GroupStockNon-Metallic and Industrial Metal Mining
NJRNewJersey ResourcesStockGas Utilities
AVAAvistaStockUtilities
EDConsolidated EdisonStockBaby Boomer Prospects
DUKDuke EnergyStockDividend Beast
IDAIDACORPStockElectric Utilities
ALEAllete IncStockUtilities
EXCExelonStockDividend Beast
PEGPublic Service EnterpriseStockUtilities
ESEversource EnergyStockUtilities
OGSOne GasStockGas Utilities
SJISouth Jersey IndustriesStockSouth
ETREntergyStockUtilities
BKHBlack HillsStockBasic Utilities
PNMPNM ResourcesStockBasic Utilities
EIXEdison InternationalStockUtilities
NWENorthWesternStockBasic Utilities
XELXcel EnergyStockUtilities
HEHawaiian Electric IndustriesStockUtilities
SRSpire IncStockUtilities
CMSCMS EnergyStockUtilities
PORPortland General ElectricStockBasic Utilities
AEPAmerican Electric PowerStockBasic Utilities
DTEDTE EnergyStockUtilities
ATOAtmos EnergyStockBasic Utilities

Technical Drivers

As of the 28th of March, ProShares UltraShort holds the Coefficient Of Variation of (1,729), variance of 3.98, and Risk Adjusted Performance of (0.02). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares UltraShort, as well as the relationship between them. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down thirteen technical drivers for ProShares UltraShort, which can be compared to its competitors. Please check ProShares UltraShort market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if ProShares UltraShort is priced some-what accurately, providing market reflects its current price of 11.68 per share.

ProShares UltraShort Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares UltraShort middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ProShares UltraShort. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

ProShares UltraShort Predictive Daily Indicators

ProShares UltraShort 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 UltraShort 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.

ProShares UltraShort Forecast Models

ProShares UltraShort's time-series forecasting models are one of many ProShares UltraShort'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 UltraShort'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 UltraShort 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 UltraShort. 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 invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Utilities 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 UltraShort to your portfolios without increasing risk or reducing expected return.

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When determining whether ProShares UltraShort is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrashort Utilities Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrashort Utilities Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Utilities. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the ProShares UltraShort information on this page should be used as a complementary analysis to other ProShares UltraShort's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running ProShares UltraShort's price analysis, check to measure ProShares UltraShort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares UltraShort is operating at the current time. Most of ProShares UltraShort's value examination focuses on studying past and present price action to predict the probability of ProShares UltraShort's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares UltraShort's price. Additionally, you may evaluate how the addition of ProShares UltraShort to your portfolios can decrease your overall portfolio volatility.
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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.