ProShares Ultra Financials
We recommend to use ProShares Ultra 20 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 20 as well as the relationship between them. We have analyzed eleven available financial ratios for ProShares Ultra 20, which can be compared to its competitors.
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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 20. 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, Direxion Daily, ProShares Ultra, and ProShares Ultra. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra 20 is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US74347R1721 |
| CUSIP | 74347R172 |
| Region | North America |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | U.S. Government |
| Portfolio Concentration | Treasury |
| 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 20 is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs . 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 20 is part of Treasury ETFs investing theme. 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. USA ETFs from Treasury clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Treasury clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Treasury ETFs | View |
ProShares Ultra March 15, 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 20. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Ultra 20 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.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.068 | |||
| Maximum Drawdown | 6.71 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.54 |
Check out World Market Map 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 bureau of labor statistics. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of ProShares Ultra 20 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.