Proshares Ultrashort Sp500 Etf Performance

SDS Etf  USD 24.85  0.40  1.58%   
The etf holds a Beta of -1.99, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ProShares UltraShort are expected to decrease by larger amounts. On the other hand, during market turmoil, ProShares UltraShort is expected to outperform it.

Risk-Adjusted Performance

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Over the last 90 days ProShares UltraShort SP500 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Etf's fundamental indicators remain comparatively stable which may send shares a bit higher in April 2024. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
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Pathstone Family Office LLC Makes New 15.18 Million Investment in ProShares UltraShort SP500
02/07/2024
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Disposition of 27000 shares by Lanphere Martin of ProShares UltraShort at 3.1 subject to Rule 16b-3
03/05/2024
In Threey Sharp Ratio-0.62
  

ProShares UltraShort Relative Risk vs. Return Landscape

If you would invest  2,952  in ProShares UltraShort SP500 on December 29, 2023 and sell it today you would lose (467.00) from holding ProShares UltraShort SP500 or give up 15.82% of portfolio value over 90 days. ProShares UltraShort SP500 is generating negative expected returns assuming volatility of 1.3676% on return distribution over 90 days investment horizon. In other words, 12% of etfs are less volatile than ProShares, and above 99% of all equities are expected to generate higher returns over the next 90 days.
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Considering the 90-day investment horizon ProShares UltraShort is expected to under-perform the market. In addition to that, the company is 2.39 times more volatile than its market benchmark. It trades about -0.2 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

ProShares UltraShort Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraShort's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares UltraShort SP500, and traders can use it to determine the average amount a ProShares UltraShort'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 = -0.1994

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Estimated Market Risk

 1.37
  actual daily
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88% of assets are more volatile

Expected Return

 -0.27
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Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
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Most of other assets perform better
Based on monthly moving average ProShares UltraShort is not performing at its full potential. However, 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 UltraShort by adding ProShares UltraShort to a well-diversified portfolio.

ProShares UltraShort Fundamentals Growth

ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares UltraShort, and ProShares UltraShort 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.
Total Asset932.95 M

About ProShares UltraShort Performance

To evaluate ProShares UltraShort Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ProShares UltraShort generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ProShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ProShares UltraShort market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ProShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
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. Ultrashort SP500 is traded on NYSEARCA Exchange in the United States.
ProShares UltraShort generated a negative expected return over the last 90 days
Latest headline from MacroaxisInsider: Disposition of 27000 shares by Lanphere Martin of ProShares UltraShort at 3.1 subject to Rule 16b-3
This fund generated-26.0 ten year return of -26.0%
ProShares UltraShort maintains most of the assets in different exotic instruments.
When determining whether ProShares UltraShort is a strong investment it is important to analyze ProShares UltraShort's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares UltraShort's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort SP500. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.