Proshares Ultrashort Bitcoin Etf Performance
| SBIT Etf | 11.52 0.09 0.78% |
The etf holds a Beta of -3.92, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Proshares Ultrashort are expected to decrease by larger amounts. On the other hand, during market turmoil, Proshares Ultrashort is expected to outperform it.
Risk-Adjusted Performance
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Over the last 90 days Proshares Ultrashort Bitcoin has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Etf's forward indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
1 | When the Price of Talks, People Listen - Stock Traders Daily | 11/18/2024 |
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Proshares Ultrashort Relative Risk vs. Return Landscape
If you would invest 3,977 in Proshares Ultrashort Bitcoin on September 2, 2024 and sell it today you would lose (2,825) from holding Proshares Ultrashort Bitcoin or give up 71.03% of portfolio value over 90 days. Proshares Ultrashort Bitcoin is currently does not generate positive expected returns and assumes 6.7261% risk (volatility on return distribution) over the 90 days horizon. In different words, 59% 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 |
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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 Bitcoin, 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 = -0.2494
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| Negative Returns | SBIT |
Estimated Market Risk
| 6.73 actual daily | 59 59% of assets are less volatile |
Expected Return
| -1.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 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.
About Proshares Ultrashort Performance
Assessing Proshares Ultrashort's fundamental ratios provides investors with valuable insights into Proshares Ultrashort's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Proshares Ultrashort 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.
Proshares Ultrashort is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Proshares Ultrashort generated a negative expected return over the last 90 days | |
| Proshares Ultrashort has high historical volatility and very poor performance | |
| Latest headline from news.google.com: When the Price of Talks, People Listen - Stock Traders Daily |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Proshares Ultrashort Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.