ProShares UltraShort is trading at 9.67 as of the 30th of November 2024, a 1.93 percent down since the beginning of the trading day. The etf's open price was 9.86. ProShares UltraShort has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for ProShares UltraShort Consumer are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th 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 Consumer is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort Consumer
ProShares UltraShort Consumer [SCC] is traded in USA and was established 2007-01-30. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Sector ETFs. ProShares UltraShort at this time have 11.18 M in assets. , while the total return for the last 3 years was -15.6%.
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 Consumer 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.
Top ProShares UltraShort Consumer Etf Constituents
Dj U.S. Consumer Services Index Swap Ubs Ag
46.01%
Dj U.S. Consumer Services Index Swap Bnp Paribas
6.35%
Dj U.S. Consumer Services Index Swap Morgan Stanley & Co. International Plc
6.2800005%
Dj U.S. Consumer Services Index Swap Societe Generale
47.45%
Dow Jones Us Consumer Services Index Swap Goldman Sachs International
44.9%
Dj U.S. Consumer Services Index Swap Bank Of America Na
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 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 Consumer Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrashort Consumer Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Consumer. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.