Proshares Ultra Nasdaq Etf Performance
| UCYB Etf | USD 48.62 0.33 0.67% |
The etf holds a Beta of 1.51, 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 Ultra will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ProShares Ultra Nasdaq has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, ProShares Ultra is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | ProShares Ultra Nasdaq Cybersecurity ETF Short Interest Update - Defense World | 02/28/2025 |
| In Threey Sharp Ratio | 0.20 |
ProShares |
ProShares Ultra Relative Risk vs. Return Landscape
If you would invest 5,036 in ProShares Ultra Nasdaq on December 24, 2024 and sell it today you would lose (174.00) from holding ProShares Ultra Nasdaq or give up 3.46% of portfolio value over 90 days. ProShares Ultra Nasdaq is currently does not generate positive expected returns and assumes 2.8102% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of etfs are less volatile than ProShares, and 99% 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 Nasdaq, 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 = -0.0068
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UCYB |
Estimated Market Risk
| 2.81 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Ultra 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 Ultra by adding ProShares Ultra 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 | 1.81 M | |||
About ProShares Ultra Performance
By analyzing ProShares Ultra's fundamental ratios, stakeholders can gain valuable insights into ProShares Ultra's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ProShares Ultra has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ProShares Ultra has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index is a modified liquidity weighted index comprised of companies classified as cybersecurity companies by CTA. Ultra Nasdaq is traded on NASDAQ Exchange in the United States.| ProShares Ultra generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: ProShares Ultra Nasdaq Cybersecurity ETF Short Interest Update - Defense World |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Nasdaq. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of ProShares Ultra Nasdaq 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.