UltraPro SP500 declares quarterly distribution of 0.2546
| EFO Etf | USD 41.29 0.21 0.51% |
About 62% of ProShares Ultra's investor base is looking to short. The current sentiment regarding investing in ProShares Ultra MSCI etf implies that many traders are alarmed. ProShares Ultra's investing sentiment overview a quick insight into current market opportunities from investing in ProShares Ultra MSCI. Many technical investors use ProShares Ultra MSCI etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
ProShares |
Invest in ProShares UltraPro SP500 ETF with a dividend of 0.2546 payable on Dec 31 for shareholders of record on Dec 23.
Read at seekingalpha.com
 |
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 MSCI 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
| UPRO | ProShares UltraPro | 3.19 | ||||
| SPXL | Direxion Daily | 3.12 | ||||
| TECL | Direxion Daily | 2.97 | ||||
| UYG | ProShares Ultra | 2.31 |
Check out ProShares Ultra Hype Analysis, ProShares Ultra Correlation and ProShares Ultra Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of ProShares Ultra MSCI 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.