ProShares Ultra Bloomberg Natural Gas Shares Gap Up to 6.82
BOIL Etf | USD 51.00 2.83 5.88% |
About 55% of ProShares Ultra's institutional investors are presently thinking to get in. The current sentiment regarding investing in ProShares Ultra Bloomberg etf implies that some traders are interested. ProShares Ultra's investing sentiment shows overall attitude of investors towards ProShares Ultra Bloomberg.
ProShares Ultra etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of ProShares daily returns and investor perception about the current price of ProShares Ultra Bloomberg as well as its diversification or hedging effects on your existing portfolios.
ProShares |
ProShares Ultra Bloomberg Natural Gas s stock price gapped up before the market opened on Friday . The stock had previously closed at 6.82, but opened at 7.06. ProShares Ultra Bloomberg Natural Gas shares last traded at 7.03, with a volume of 11,180,156 shares traded. ProShares Ultra Bloomberg Natural Gas Price Performance
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ProShares Ultra Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ProShares Ultra can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ProShares Ultra Fundamental Analysis
We analyze ProShares Ultra's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Ultra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Ultra based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
ProShares Ultra is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
ProShares Ultra Bloomberg Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares Ultra etf to make a market-neutral strategy. Peer analysis of ProShares Ultra could also be used in its relative valuation, which is a method of valuing ProShares Ultra by comparing valuation metrics with similar companies.
Peers
ProShares Ultra Related Equities
MLPD | Global X | 0.04 | ||||
MDST | Ultimus Managers | 0.00 | ||||
MLPA | Global X | 0.08 | ||||
DRIP | Direxion Daily | 0.17 | ||||
MLPR | ETRACS Quarterly | 0.17 | ||||
MLPB | UBS AG | 0.20 | ||||
DRLL | EA Series | 0.22 | ||||
MLPX | Global X | 0.58 | ||||
EINC | VanEck Energy | 0.89 |
Check out ProShares Ultra Hype Analysis, ProShares Ultra Correlation and ProShares Ultra Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of ProShares Ultra Bloomberg 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.