ProShares UltraPro Financial Statements From 2010 to 2025
| URTY Etf | USD 37.67 1.29 3.55% |
Check ProShares UltraPro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares UltraPro's main balance sheet or income statement drivers, such as , as well as many indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares UltraPro Valuation or Volatility modules.
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ProShares UltraPro Russell2000 ETF Price To Earning Analysis
ProShares UltraPro's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current ProShares UltraPro Price To Earning | 21.74 X |
Most of ProShares UltraPro's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares UltraPro Russell2000 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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ProShares UltraPro Price To Earning Component Assessment
Based on the latest financial disclosure, ProShares UltraPro Russell2000 has a Price To Earning of 21.74 times. This is 293.84% higher than that of the ProShares family and 14.82% higher than that of the Family category. The price to earning for all United States etfs is notably lower than that of the firm.
ProShares UltraPro Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares UltraPro's current stock value. Our valuation model uses many indicators to compare ProShares UltraPro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares UltraPro competition to find correlations between indicators driving ProShares UltraPro's intrinsic value. More Info.ProShares UltraPro Russell2000 is rated first in price to earning as compared to similar ETFs. It is rated fifth in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares UltraPro Russell2000 is roughly 11.44 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares UltraPro's earnings, one of the primary drivers of an investment's value.About ProShares UltraPro Financial Statements
ProShares UltraPro investors use historical fundamental indicators, such as ProShares UltraPro's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ProShares UltraPro. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrapro Russell is traded on NYSEARCA Exchange in the United States.
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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 UltraPro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares UltraPro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Ultrapro Russell2000 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultrapro Russell2000 Etf:Check out the analysis of ProShares UltraPro Correlation against competitors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of ProShares UltraPro 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.