Proshares Ultra Smallcap600 Etf Analysis
| SAA Etf | USD 21.35 0.30 1.39% |
ProShares Ultra SmallCap600 is overvalued with Real Value of 20.23 and Hype Value of 21.4. The main objective of ProShares Ultra etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Ultra SmallCap600 is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of ProShares Ultra SmallCap600. On the other hand, technical analysis, focuses on the price and volume data of ProShares Etf to identify patterns and trends that may indicate its future price movements.
The ProShares Ultra etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ProShares Ultra's ongoing operational relationships across important fundamental and technical indicators.
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ProShares Etf Analysis Notes
ProShares Ultra is is formed as Regulated Investment Company in the United States. ETF is managed and operated by J.P. Morgan Investor Services Co.. The fund has 688 constituents with avarage daily trading value of 8.4 K. The fund charges 0.75 percent management fee with a total expences of 1.39 percent of total asset. The fund generated five year return of 21.0%. ProShares Ultra Smal maintains 199.99% of assets in stocks. This fund last dividend was 0.163 per share. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Smallcap600 is traded on NYSEARCA Exchange in the United States. To find out more about ProShares Ultra SmallCap600 contact the company at NA or learn more at www.mcsaatchiplc.com.Sector Exposure
ProShares Ultra SmallCap600 constituents include assets from different sectors. As a result, investing in ProShares Ultra lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in ProShares Ultra because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among ProShares Ultra's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
ProShares Ultra SmallCap600 manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of ProShares Ultra will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
ProShares Ultra Smal Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ProShares Ultra's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares Ultra SmallCap600 or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| ProShares Ultra Smal generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: SEC to rule on Grayscales XRP ETF by October 18 as review progresses - Crypto Briefing | |
| The fund generated three year return of -8.0% | |
| ProShares Ultra Smal maintains 199.99% of its assets in stocks |
ProShares Ultra Thematic Classifications
In addition to having ProShares Ultra etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Small Cap ETFsUSA ETFs from Small Cap clasification | |
| Size And Style ETFsUSA ETFs from Size And Style clasification |
Management Efficiency
ProShares Ultra's management efficiency ratios could be used to measure how well ProShares Ultra manages its routine affairs as well as how well it operates its assets and liabilities.Evaluating the management effectiveness of ProShares Ultra allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The ProShares Etf analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Returns 3 Y (8.57) | Returns 5 Y 21.03 | Returns 1 Y (5.96) | Total Assets 29.3 M | Yield 1.46 |
Top ProShares Ultra SmallCap600 Etf Constituents
| ALE | Allete Inc | Stock | |
| CROX | Crocs Inc | Stock | |
| NSP | Insperity | Stock | |
| FFIN | First Financial Bankshares | Stock | |
| QLYS | Qualys Inc | Stock | |
| ARWR | Arrowhead Pharmaceuticals | Stock | |
| FIVE | Five Below | Stock | |
| COR | Cencora | Stock | |
| KNSL | Kinsale Capital Group | Stock | |
| LGND | Ligand Pharmaceuticals Incorporated | Stock | |
| OMCL | Omnicell | Stock | |
| BLD | Topbuild Corp | Stock | |
| FCN | FTI Consulting | Stock | |
| MKSI | MKS Instruments | Stock | |
| UFPI | Ufp Industries | Stock | |
| YETI | YETI Holdings | Stock | |
| SEDG | SolarEdge Technologies | Stock | |
| SAIA | Saia Inc | Stock | |
| HQY | HealthEquity | Stock | |
| SSD | Simpson Manufacturing | Stock | |
| TREX | Trex Company | Stock | |
| TTEK | Tetra Tech | Stock | |
| CHE | Chemed Corp | Stock | |
| FCFS | FirstCash | Stock | |
| NEOG | Neogen | Stock | |
| WING | Wingstop | Stock | |
| NEO | NeoGenomics | Stock |
Technical Drivers
As of the 19th of March, ProShares Ultra holds the Risk Adjusted Performance of (0.16), variance of 6.08, and Coefficient Of Variation of (540.26). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Ultra, as well as the relationship between them.ProShares Ultra Smal Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Ultra middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ProShares Ultra Smal. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares Ultra Outstanding Bonds
ProShares Ultra issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProShares Ultra Smal uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProShares bonds can be classified according to their maturity, which is the date when ProShares Ultra SmallCap600 has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US74348YAV39 Corp BondUS74348YAV39 | View | |
| PROSPECT CAP P Corp BondUS74348YDU29 | View | |
| US74348YDX67 Corp BondUS74348YDX67 | View | |
| PROSPECT CAP P Corp BondUS74348YEA55 | View | |
| US74348TAU60 Corp BondUS74348TAU60 | View | |
| US74348TAT97 Corp BondUS74348TAT97 | View | |
| US74348TAV44 Corp BondUS74348TAV44 | View | |
| PSEC 3437 15 OCT 28 Corp BondUS74348TAW27 | View |
ProShares Ultra Predictive Daily Indicators
ProShares Ultra intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProShares Ultra etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 21.35 | |||
| Day Typical Price | 21.35 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.30) | |||
| Relative Strength Index | 27.78 |
ProShares Ultra Forecast Models
ProShares Ultra's time-series forecasting models are one of many ProShares Ultra's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProShares Ultra's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ProShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how ProShares Ultra prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ProShares Ultra. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Smallcap600 is traded on NYSEARCA Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ProShares Ultra to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra SmallCap600. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of ProShares Ultra Smal 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.