Proshares Ultrashort 7 10 Etf Profile

PST Etf  USD 23.37  0.15  0.64%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
ProShares UltraShort is selling for under 23.37 as of the 28th of November 2024; that is 0.64% down since the beginning of the trading day. The etf's last reported lowest price was 23.32. ProShares UltraShort has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for ProShares UltraShort 7 10 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. 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 Lehman is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort 7 10

Moving together with ProShares Etf

  0.99TBT ProShares UltraShortPairCorr
  0.99TMV Direxion Daily 20PairCorr
  0.99TBF ProShares Short 20PairCorr
  1.0TYO Direxion Daily 7PairCorr
  0.83SHLD Global X FundsPairCorr

Moving against ProShares Etf

  0.96MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.93KO Coca Cola Sell-off TrendPairCorr
  0.87FNGD MicroSectors FANG IndexPairCorr
  0.81JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.58SMI VanEck Vectors ETFPairCorr
  0.56HUM Humana Inc Fiscal Year End 23rd of January 2025 PairCorr

ProShares Etf Highlights

Thematic IdeaTreasury ETFs (View all Themes)
Old Names[Pegasus Resources Inc, INNOVATE CORP. DL-01]
Business ConcentrationTreasury ETFs, Trading--Inverse Debt, ProShares (View all Sectors)
IssuerProShares
Inception Date2008-04-29
BenchmarkICE U.S. Treasury 7-10 Year Bond Index
Entity TypeRegulated Investment Company
Asset Under Management15.28 Million
Average Trading Valume18,708.5
Asset TypeFixed Income
CategoryU.S. Government
FocusTreasury
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichelle Liu, Jeffrey Ploshnick
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents24.0
Market MakerIMC
Total Expense1.01
Management Fee0.75
Country NameUSA
Returns Y T D9.07
NameProShares UltraShort 7-10 Year Treasury
Currency CodeUSD
Open FigiBBG000BCM1P6
In Threey Volatility17.75
1y Volatility17.51
200 Day M A23.2742
50 Day M A22.868
CodePST
Updated At27th of November 2024
Currency NameUS Dollar
ProShares UltraShort 7 10 [PST] is traded in USA and was established 2008-04-29. The fund is classified under Trading--Inverse Debt category within ProShares family. The entity is thematically classified as Treasury ETFs. ProShares UltraShort at this time have 82.39 M in assets. , while the total return for the last 3 years was 15.8%.
Check ProShares UltraShort Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares UltraShort 7 10 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

ProShares UltraShort Top Holders

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More Details

ProShares UltraShort Risk Profiles

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.

ProShares UltraShort Against Markets

When determining whether ProShares UltraShort is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrashort 7 10 Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrashort 7 10 Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort 7 10. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.