Proshares Ultra Bloomberg Etf Performance
| BOIL Etf | USD 76.15 2.50 3.18% |
The etf holds a Beta of -1.46, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ProShares Ultra are expected to decrease by larger amounts. On the other hand, during market turmoil, ProShares Ultra is expected to outperform it.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Ultra Bloomberg are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating forward indicators, ProShares Ultra disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Cold Snap Drives Natural Gas ETFs | 12/31/2024 |
2 | 2 Top ETFs to Profit From the Natural Gas Price Surge | 01/16/2025 |
3 | ProShares Ultra Bloomberg Natural Gas Shares Gap Up Heres What Happened | 02/13/2025 |
4 | Noteworthy ETF Outflows BOIL - Nasdaq | 02/21/2025 |
5 | Can Natural Gas ETFs Sustain Their Rally | 03/10/2025 |
| In Threey Sharp Ratio | -0.29 |
ProShares |
ProShares Ultra Relative Risk vs. Return Landscape
If you would invest 4,817 in ProShares Ultra Bloomberg on December 26, 2024 and sell it today you would earn a total of 2,798 from holding ProShares Ultra Bloomberg or generate 58.09% return on investment over 90 days. ProShares Ultra Bloomberg is currently generating 1.0811% in daily expected returns and assumes 8.0538% risk (volatility on return distribution) over the 90 days horizon. In different words, 71% of etfs are less volatile than ProShares, and 79% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ProShares Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Ultra's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Ultra Bloomberg, and traders can use it to determine the average amount a ProShares Ultra'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 = 0.1342
| Best Portfolio | Best Equity | |||
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| Small Returns | BOIL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.05 actual daily | 71 71% of assets are less volatile |
Expected Return
| 1.08 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average ProShares Ultra is performing at about 10% of its full potential. 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 Ultra by adding it to a well-diversified portfolio.
ProShares Ultra Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Ultra, and ProShares Ultra 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 | 292.12 M | |||
About ProShares Ultra Performance
By examining ProShares Ultra's fundamental ratios, stakeholders can obtain critical insights into ProShares Ultra's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ProShares Ultra is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. Ultra Bloomberg is traded on NYSEARCA Exchange in the United States.| ProShares Ultra is way too risky over 90 days horizon | |
| ProShares Ultra appears to be risky and price may revert if volatility continues | |
| Latest headline from zacks.com: Can Natural Gas ETFs Sustain Their Rally | |
| This fund created-55.0 ten year return of -55.0% | |
| ProShares Ultra holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.