Proshares Ultra High Etf Performance

UJB Etf  USD 74.35  0.07  0.09%   
The etf holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, ProShares Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares Ultra is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Ultra High are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong forward-looking indicators, ProShares Ultra is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
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ProShares Ultra High Yield declares quarterly distribution of 0.7503
09/25/2024
  

ProShares Ultra Relative Risk vs. Return Landscape

If you would invest  7,262  in ProShares Ultra High on September 5, 2024 and sell it today you would earn a total of  173.00  from holding ProShares Ultra High or generate 2.38% return on investment over 90 days. ProShares Ultra High is generating 0.0375% of daily returns assuming volatility of 0.3868% on return distribution over 90 days investment horizon. In other words, 3% of etfs are less volatile than ProShares, and above 99% of all equities are expected to generate higher returns over the next 90 days.
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Considering the 90-day investment horizon ProShares Ultra is expected to generate 4.22 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.93 times less risky than the market. It trades about 0.1 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.21 of returns per unit of risk over similar time horizon.

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 High, 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 = 0.097

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Estimated Market Risk

 0.39
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97% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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93% of assets perform better
Based on monthly moving average ProShares Ultra is performing at about 7% 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 Ultra by adding it 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.

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 fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra High is traded on NYSEARCA Exchange in the United States.
The fund keeps 196.93% of its net assets in stocks
When determining whether ProShares Ultra High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Ultra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Ultra High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultra High Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of ProShares Ultra High 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.