Proshares Ultrashort Russell Etf Performance
| SKK Etf | USD 0.70 0.11 13.58% |
The etf holds a Beta of 4.4, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PROSHARES ULTRASHORT will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days PROSHARES ULTRASHORT RUSSELL has generated negative risk-adjusted returns adding no value to investors with long positions. Despite sluggish performance in the last few months, the Etf's forward-looking signals remain quite persistent which may send shares a bit higher in January 2025. The latest mess may also be a sign of long-standing up-swing for the ETF venture institutional investors. ...more
1 | 12 Industrials Stocks Moving In Tuesdays Intraday Session - Benzinga | 10/29/2024 |
PROSHARES |
PROSHARES ULTRASHORT Relative Risk vs. Return Landscape
If you would invest 605.00 in PROSHARES ULTRASHORT RUSSELL on September 20, 2024 and sell it today you would lose (535.54) from holding PROSHARES ULTRASHORT RUSSELL or give up 88.52% of portfolio value over 90 days. PROSHARES ULTRASHORT RUSSELL is generating negative expected returns assuming volatility of 19.2558% on return distribution over 90 days investment horizon. In other words, majority of equities are less volatile than PROSHARES, and most 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 RUSSELL, 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 = -0.0807
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| Negative Returns | SKK |
Estimated Market Risk
| 19.26 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 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.
About PROSHARES ULTRASHORT Performance
By examining PROSHARES ULTRASHORT's fundamental ratios, stakeholders can obtain critical insights into PROSHARES ULTRASHORT'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 ULTRASHORT 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.
PROSHARES ULTRASHORT is entity of United States. It is traded as Etf on NASDAQ exchange.| PROSHARES ULTRASHORT generated a negative expected return over the last 90 days | |
| PROSHARES ULTRASHORT has high historical volatility and very poor performance | |
| PROSHARES ULTRASHORT has some characteristics of a very speculative penny stock | |
| The fund generated three year return of -28.0% | |
| 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 RUSSELL. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.