ProShares Ultra Financials
We recommend to use ProShares Ultra MidCap400 fundamental analysis to find out if markets are presently mispricing the entity. Put it differently this technique allows you to confirm available drivers of ProShares Ultra MidCap400 as well as the relationship between them. We were able to interpolate and analyze data for fourteen available financial ratios for ProShares Ultra MidCap400, which can be compared to its competitors.
ProShares |
The data published in ProShares Ultra's official financial statements typically reflect ProShares Ultra's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ProShares Ultra's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares Ultra's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
Please note, the imprecision that can be found in ProShares Ultra's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ProShares Ultra MidCap400. Check ProShares Ultra's Beneish M Score to see the likelihood of ProShares Ultra's management manipulating its earnings.
ProShares Ultra Etf Summary
ProShares Ultra competes with ProShares Ultra, ProShares Ultra, ProShares Ultra, ProShares Ultra, and ProShares UltraShort. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Midcap400 is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US74347R4048 |
| CUSIP | 74347R404 |
| Region | North America |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | Size and Style |
| Portfolio Concentration | Mid Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ProShares Ultra Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Ultra's current stock value. Our valuation model uses many indicators to compare ProShares Ultra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Ultra competition to find correlations between indicators driving ProShares Ultra's intrinsic value. More Info.ProShares Ultra MidCap400 is regarded second largest ETF in price to earning as compared to similar ETFs. It is regarded third largest ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Ultra MidCap400 is roughly 9.01 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Ultra by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ProShares Ultra Thematic Clasifications
ProShares Ultra MidCap400 is part of several thematic ideas from Size And Style ETFs to Mid Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasProShares Ultra March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares Ultra help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares Ultra MidCap400. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Ultra MidCap400 based on widely used predictive technical indicators. In general, we focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProShares Ultra's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.31 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 3.35 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Tools for ProShares Etf
When running ProShares Ultra's price analysis, check to measure ProShares Ultra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares Ultra is operating at the current time. Most of ProShares Ultra's value examination focuses on studying past and present price action to predict the probability of ProShares Ultra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares Ultra's price. Additionally, you may evaluate how the addition of ProShares Ultra to your portfolios can decrease your overall portfolio volatility.
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