Proshares Ultrashort Health Etf Analysis
| RXD Etf | USD 10.58 0.09 0.84% |
ProShares UltraShort Health is overvalued with Real Value of 9.66 and Hype Value of 10.58. The main objective of ProShares UltraShort etf analysis is to determine its intrinsic value, which is an estimate of what ProShares UltraShort Health is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
The ProShares UltraShort 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 UltraShort's ongoing operational relationships across important fundamental and technical indicators.
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ProShares Etf Analysis Notes
ProShares UltraShort is is formed as Regulated Investment Company in the United States. ETF is managed and operated by JPMorgan Chase Bank, N.A.. The fund has 26 constituents with avarage daily trading value of 20.5 K. The fund charges 0.75 percent management fee with a total expences of 3.19 percent of total asset. The fund maintains most of the assets in different exotic instruments. ProShares UltraShort last dividend was 0.017 per share. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Health is traded on NYSEARCA Exchange in the United States. To find out more about ProShares UltraShort Health contact the company at NA.ProShares UltraShort 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 UltraShort's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares UltraShort Health or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| This fund generated-21.0 ten year return of -21.0% | |
| ProShares UltraShort maintains most of the assets in different exotic instruments. |
ProShares UltraShort Thematic Classifications
In addition to having ProShares UltraShort 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.
 | Sector ETFsUSA ETFs from Sector clasification | |
| Health Care ETFsUSA ETFs from Health Care clasification |
Management Efficiency
ProShares UltraShort's management efficiency ratios could be used to measure how well ProShares UltraShort manages its routine affairs as well as how well it operates its assets and liabilities.The management strategies employed by ProShares UltraShort's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Returns 3 Y (5.29) | Returns 5 Y (20.58) | Returns 1 Y (16.47) | Total Assets 1.4 M | Yield 5.14 |
Top ProShares UltraShort Health Etf Constituents
| Dj U.S. Health Care Index Swap Societe Generale | 79.92% |
| Dj U.S. Health Care Index Swap Morgan Stanley & Co. International Plc | 2.16% |
| Dj U.S. Health Care Index Swap Bank Of America Na | 26.26% |
| iShares US Healthcare ETF | 10.3199996% |
| Dj U.S. Health Care Index Swap Ubs Ag | 91.64% |
| Ishares U.S. Healthcare Swap Morgan Stanley & Co. International Plc | 9.11% |
Technical Drivers
As of the 28th of November, ProShares UltraShort holds the Risk Adjusted Performance of 0.1206, coefficient of variation of 660.61, and Semi Deviation of 0.9458. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares UltraShort, as well as the relationship between them. Please check ProShares UltraShort variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if ProShares UltraShort is priced some-what accurately, providing market reflects its current price of 10.58 per share.ProShares UltraShort Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares UltraShort 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 UltraShort. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares UltraShort Outstanding Bonds
ProShares UltraShort 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 UltraShort 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 UltraShort Health 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.
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ProShares UltraShort Predictive Daily Indicators
ProShares UltraShort 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 UltraShort 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.
| Accumulation Distribution | 0.0216 | |||
| Daily Balance Of Power | (0.39) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 10.54 | |||
| Day Typical Price | 10.55 | |||
| Market Facilitation Index | 0.23 | |||
| Period Momentum Indicator | (0.09) |
ProShares UltraShort Forecast Models
ProShares UltraShort's time-series forecasting models are one of many ProShares UltraShort'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 UltraShort'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 UltraShort 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 UltraShort. 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. Ultrashort Health 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 UltraShort to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Health. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.