ProShares UltraShort is trading at 35.24 as of the 21st of March 2025. This is a 1.32 percent up since the beginning of the trading day. The etf's lowest day price was 34.88. ProShares UltraShort has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days.ProShares UltraShort symbol was changed from VOLAB on 4th of July 2024. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Oil is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort Oil
ProShares UltraShort Oil [DUG] is traded in USA and was established 2007-01-30. ProShares UltraShort Oil was previously known as VOLAB Old and was traded on NASDAQ Exchange under the symbol VOLAB. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Energy ETFs. ProShares UltraShort Oil currently have 35.47 M in assets under management (AUM). , while the total return for the last 3 years was -27.1%.
Check ProShares UltraShort Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraShort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether ProShares UltraShort Oil 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort 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 employment.
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The market value of ProShares UltraShort 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 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.