Proshares Ultrashort Russell Etf Fundamentals
| SKK Etf | USD 0.73 0.03 4.29% |
PROSHARES ULTRASHORT RUSSELL fundamentals help investors to digest information that contributes to PROSHARES ULTRASHORT's financial success or failures. It also enables traders to predict the movement of PROSHARES Etf. The fundamental analysis module provides a way to measure PROSHARES ULTRASHORT's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PROSHARES ULTRASHORT etf.
PROSHARES |
PROSHARES ULTRASHORT RUSSELL ETF Year To Date Return Analysis
PROSHARES ULTRASHORT's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current PROSHARES ULTRASHORT Year To Date Return | (22.60) % |
Most of PROSHARES ULTRASHORT's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PROSHARES ULTRASHORT RUSSELL is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Based on the company's disclosures, PROSHARES ULTRASHORT RUSSELL has a Year To Date Return of -22.6%. This is 108.29% higher than that of the ProShares family and significantly lower than that of the Trading-Inverse Equity category. The year to date return for all United States etfs is notably higher than that of the company.
PROSHARES Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PROSHARES ULTRASHORT's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of PROSHARES ULTRASHORT could also be used in its relative valuation, which is a method of valuing PROSHARES ULTRASHORT by comparing valuation metrics of similar companies.PROSHARES ULTRASHORT is currently under evaluation in year to date return as compared to similar ETFs.
Fund Asset Allocation for PROSHARES ULTRASHORT
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks.Asset allocation divides PROSHARES ULTRASHORT's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
PROSHARES Fundamentals
| Number Of Employees | 10 | ||||
| Year To Date Return | (22.60) % | ||||
| One Year Return | (40.90) % | ||||
| Three Year Return | (28.00) % | ||||
| Net Asset | 3.08 M | ||||
| Equity Positions Weight | 9.20 % |
About PROSHARES ULTRASHORT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PROSHARES ULTRASHORT RUSSELL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PROSHARES ULTRASHORT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PROSHARES ULTRASHORT RUSSELL based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.PROSHARES ULTRASHORT is entity of United States. It is traded as Etf on NASDAQ exchange.
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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.