Proshares Ultrashort Semiconductors Etf Performance
| SSG Etf | USD 25.51 0.81 3.28% |
The etf holds a Beta of -0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ProShares UltraShort are expected to decrease at a much lower rate. During the bear market, ProShares UltraShort is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ProShares UltraShort Semiconductors has generated negative risk-adjusted returns adding no value to investors with long positions. Despite abnormal performance in the last few months, the Etf's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the Exchange Traded Fund stockholders. ...more
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| In Threey Sharp Ratio | -0.92 |
ProShares |
ProShares UltraShort Relative Risk vs. Return Landscape
If you would invest 3,402 in ProShares UltraShort Semiconductors on October 1, 2024 and sell it today you would lose (851.00) from holding ProShares UltraShort Semiconductors or give up 25.01% of portfolio value over 90 days. ProShares UltraShort Semiconductors is generating negative expected returns assuming volatility of 4.0822% on return distribution over 90 days investment horizon. In other words, 36% of etfs are less volatile than ProShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ProShares UltraShort Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraShort's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares UltraShort Semiconductors, and traders can use it to determine the average amount a ProShares UltraShort's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.09
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| Negative Returns | SSG |
Estimated Market Risk
| 4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares UltraShort is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares UltraShort by adding ProShares UltraShort to a well-diversified portfolio.
ProShares UltraShort Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares UltraShort, and ProShares UltraShort fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ProShares Etf performance.
| Total Asset | 11.48 M | |||
About ProShares UltraShort Performance
By analyzing ProShares UltraShort's fundamental ratios, stakeholders can gain valuable insights into ProShares UltraShort's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ProShares UltraShort has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ProShares UltraShort has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Semiconductors is traded on NYSEARCA Exchange in the United States.| ProShares UltraShort generated a negative expected return over the last 90 days | |
| ProShares UltraShort has high historical volatility and very poor performance | |
| Latest headline from fool.com.au: Overinvested in Woolworths shares Here are two alternative ASX retail stocks | |
| This fund generated-54.0 ten year return of -54.0% | |
| ProShares UltraShort maintains most of the assets in different exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Semiconductors. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.