Proshares Ultra Oil Etf Analysis
| DIG Etf | USD 44.70 0.40 0.90% |
ProShares Ultra Oil is overvalued with Real Value of 40.1 and Hype Value of 44.9. The main objective of ProShares Ultra etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Ultra Oil 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ProShares Ultra's ongoing operational relationships across important fundamental and technical indicators.
ProShares |
ProShares Etf Analysis Notes
ProShares Ultra 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 56 constituents with avarage daily trading value of 61.7 K. The fund charges 0.75 percent management fee with a total expences of 1.03 percent of total asset. The fund generated five year return of 11.0%. ProShares Ultra Oil retains 199.64% of assets under management (AUM) in equities. This fund last dividend was 0.627 per share. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Oil is traded on NYSEARCA Exchange in the United States. To learn more about ProShares Ultra Oil call the company at NA.Investment Allocations
ProShares Ultra Oil constituents include assets from different sectors. As a result, investing in ProShares Ultra lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in ProShares Ultra because they prefer to avoid the increased volatility of non-sector ETFs.
ProShares Ultra Oil Investment Alerts
| The fund generated-2.0 ten year return of -2.0% | |
| ProShares Ultra Oil retains 199.64% of its assets under management (AUM) in equities |
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.
 | Sector ETFsUSA ETFs from Sector clasification | |
| Energy ETFsUSA ETFs from Energy 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.The operational strategies employed by ProShares Ultra management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Returns 3 Y 34.05 | Returns 5 Y 11.2 | Returns 1 Y 21.83 | Total Assets 102.2 M | Yield 2.74 |
Top ProShares Ultra Oil Etf Constituents
| TRGP | Targa Resources | Stock | |
| BKR | Baker Hughes Co | Stock | |
| MPC | Marathon Petroleum Corp | Stock | |
| VLO | Valero Energy | Stock | |
| PSX | Phillips 66 | Stock | |
| APA | APA Corporation | Stock | |
| OKE | ONEOK Inc | Stock | |
| SLB | Schlumberger NV | Stock | |
| OXY | Occidental Petroleum | Stock | |
| HAL | Halliburton | Stock | |
| XOM | Exxon Mobil Corp | Stock | |
| WMB | Williams Companies | Stock | |
| FANG | Diamondback Energy | Stock | |
| CTRA | Coterra Energy | Stock | |
| EOG | EOG Resources | Stock | |
| HES | Hess Corporation | Stock | |
| DVN | Devon Energy | Stock | |
| COP | ConocoPhillips | Stock | |
| TPL | Texas Pacific Land | Stock | |
| CVX | Chevron Corp | Stock | |
| EQT | EQT Corporation | Stock | |
| KMI | Kinder Morgan | Stock |
Technical Drivers
As of the 30th of November, ProShares Ultra holds the Risk Adjusted Performance of 0.07, coefficient of variation of 1210.15, and Semi Deviation of 2.54. ProShares Ultra Oil technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices. Please check ProShares Ultra Oil maximum drawdown, and the relationship between the information ratio and downside variance to decide if ProShares Ultra Oil is priced some-what accurately, providing market reflects its current price of 44.7 per share.ProShares Ultra Oil Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Ultra 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 Ultra Oil. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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 Oil 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 Oil 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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| US74348TAT97 Corp BondUS74348TAT97 | View | |
| US74348TAV44 Corp BondUS74348TAV44 | View |
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.
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 invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Oil is traded on NYSEARCA Exchange in the United States.
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of ProShares Ultra Oil 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.