Proshares Ultrapro Short Etf Performance
| TTT Etf | USD 74.29 0.49 0.66% |
The etf holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ProShares UltraPro's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares UltraPro is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares UltraPro Short are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, ProShares UltraPro unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Titomic delivers shareholders fantastic 829 percent return over 1 year, surging 18 percent in the last week alone | 09/30/2024 |
2 | Titomic introduces revolutionary augmented reality enhancement for its D523 cold spray system | 10/14/2024 |
3 | Titomic Provides Cold Spray to U.S. Navys NAVSEA | 10/30/2024 |
4 | Titomic shareholders are still up 3 percent over 1 year despite pulling back 18 percent in the past week | 12/10/2024 |
5 | Titomic Boosts Aerospace Innovation with Cold Spray Standard | 12/11/2024 |
| In Threey Sharp Ratio | 0.80 |
ProShares |
ProShares UltraPro Relative Risk vs. Return Landscape
If you would invest 5,792 in ProShares UltraPro Short on September 19, 2024 and sell it today you would earn a total of 1,637 from holding ProShares UltraPro Short or generate 28.26% return on investment over 90 days. ProShares UltraPro Short is generating 0.4224% of daily returns assuming volatility of 2.5829% on return distribution over 90 days investment horizon. In other words, 23% of etfs are less volatile than ProShares, and above 92% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ProShares UltraPro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares UltraPro's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares UltraPro Short, and traders can use it to determine the average amount a ProShares UltraPro'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 = 0.1635
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ProShares UltraPro is performing at about 12% 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 UltraPro by adding it to a well-diversified portfolio.
ProShares UltraPro Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares UltraPro, and ProShares UltraPro 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.
| Earnings Per Share | 1.20 X | |||
| Total Asset | 477.25 M | |||
About ProShares UltraPro Performance
Assessing ProShares UltraPro's fundamental ratios provides investors with valuable insights into ProShares UltraPro's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ProShares UltraPro is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrapro Short is traded on NYSEARCA Exchange in the United States.| Latest headline from kalkinemedia.com: Titomic Boosts Aerospace Innovation with Cold Spray Standard | |
| The fund generated-6.0 ten year return of -6.0% | |
| ProShares UltraPro Short 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 UltraPro Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of ProShares UltraPro Short 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.