Proshares Ultrashort Smallcap600 Etf Book Value Per Share
| SDD Etf | USD 13.80 0.51 3.56% |
ProShares UltraShort SmallCap600 fundamentals help investors to digest information that contributes to ProShares UltraShort's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares UltraShort's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProShares UltraShort etf.
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ProShares UltraShort SmallCap600 ETF Book Value Per Share Analysis
ProShares UltraShort's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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In accordance with the recently published financial statements, the book value per share of ProShares UltraShort SmallCap600 is about 0.0 times. This indicator is about the same for the ProShares average (which is currently at 0.0) family and about the same as Trading--Inverse Equity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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ProShares Fundamentals
| Number Of Employees | 10 | |||
| Beta | -2.11 | |||
| Total Asset | 5.86 M | |||
| One Year Return | (37.10) % | |||
| Three Year Return | (10.60) % | |||
| Five Year Return | (31.20) % | |||
| Ten Year Return | (26.60) % | |||
| Net Asset | 5.86 M | |||
| Last Dividend Paid | 0.014 | |||
| Equity Positions Weight | (199.97) % |
About ProShares UltraShort Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares UltraShort SmallCap600's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares UltraShort using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares UltraShort SmallCap600 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 ProShares UltraShort Piotroski F Score and ProShares UltraShort Altman Z Score analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.