ProShares UltraShort Financial Indicators Patterns

PR
SDP -- USA Etf  

Sell-off Trend

You can utilize fundamental analysis to find out if ProShares UltraShort is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We found nine available financial ratios for ProShares UltraShort which can be compared to its competitors. Please employ ProShares UltraShort Total Asset and Net Asset to make a decision on weather ProShares UltraShort is priced adequately. Use ProShares UltraShort to protect your portfolios against small markets fluctuations. The etf experiences normal downward trend and little activity. Check odds of ProShares UltraShort to be traded at $13.59 in 30 days.
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Chance of Financial Distress

ProShares UltraShort Utilities has more than 72 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info

ProShares UltraShort Company Summary

ProShares UltraShort competes with ProShares Short, Direxion Daily, ProShares UltraPro, ProShares UltraShort, and Direxion Daily. The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse of the daily performance of the Dow Jones U.S. ProShares UltraShort is traded on BATS Exchange in USA.

ProShares UltraShort Five Year Return vs One Year Return

ProShares UltraShort Utilities is rated below average in five year return as compared to similar ETFs. It is rated fifth largest ETF in one year return as compared to similar ETFs .

ProShares UltraShort Systematic Risk

The output start index for this execution was two with a total number of output elements of fifty-nine. The Beta measures systematic risk based on how returns on ProShares UltraShort correlated with the market. If Beta is less than 0 ProShares UltraShort generally moves in the opposite direction as compared to the market. If ProShares UltraShort Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares UltraShort is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares UltraShort is generally in the same direction as the market. If Beta > 1 ProShares UltraShort moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

ProShares UltraShort January 18, 2020 Opportunity Range

Additionally take a look at World Market Map. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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