ProShares UltraShort Competition

Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ProShares UltraShort's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ProShares UltraShort in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.4411.6814.92
Details
Intrinsic
Valuation
LowReal ValueHigh
8.0611.3014.54
Details
Naive
Forecast
LowNext ValueHigh
8.9712.2015.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.6912.2413.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares UltraShort. Your research has to be compared to or analyzed against ProShares UltraShort's peers to derive any actionable benefits. When done correctly, ProShares UltraShort's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ProShares UltraShort MSCI.

ProShares UltraShort Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ProShares UltraShort and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of ProShares and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ProShares UltraShort MSCI does not affect the price movement of the other competitor.

Top Constituents Correlations

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

ProShares UltraShort Constituents Risk-Adjusted Indicators

Nowadays, there is a big difference between ProShares Etf performing well and ProShares UltraShort ETF doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze ProShares UltraShort's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR 1.73  0.51  0.19 (1.52)  1.73  0.13 (1.84)  3.56 (2.97)  27.10 
MSFT 1.80 (0.11)  0.00 (0.03)  0.00 (0.0369)  0.00  3.92 (3.54)  11.64 
UBER 2.87 (0.21)  0.00 (0.09)  0.00 (0.0469)  0.00  8.60 (5.58)  19.67 
F 1.99 (0.28)  0.00 (0.14)  0.00 (0.09)  0.00  2.75 (5.20)  14.63 
T 1.28  0.18  0.12  0.31  1.09  0.09 (1.49)  2.54 (2.10)  9.29 
A 1.75  0.21  0.12  0.22  1.66  0.1 (2.15)  3.98 (2.97)  11.04 
CRM 2.41 (0.29)  0.00 (0.14)  0.00 (0.09)  0.00  4.31 (4.55)  18.29 
JPM 1.51  0.17  0.10  0.21  1.40  0.09 (1.65)  4.20 (2.80)  8.36 
MRK 0.99  0.36  0.27  1.20  0.81  0.25 (1.20)  2.44 (1.43)  7.38 
XOM 1.59  0.13  0.06  0.19  1.87  0.06 (1.65)  3.65 (2.91)  9.75 

ProShares UltraShort Competitive Analysis

The better you understand ProShares UltraShort competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ProShares UltraShort's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ProShares UltraShort's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart

ProShares UltraShort Competition Performance Charts

Complement your ProShares UltraShort position

In addition to having ProShares UltraShort in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Munis Thematic Idea Now

Munis
Munis Theme
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Munis Theme or any other thematic opportunities.
View All  Next Launch
Continue to ProShares UltraShort Correlation with its peers. Note that the ProShares UltraShort MSCI information on this page should be used as a complementary analysis to other ProShares UltraShort's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for ProShares Etf analysis

When running ProShares UltraShort MSCI price analysis, check to measure ProShares UltraShort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares UltraShort is operating at the current time. Most of ProShares UltraShort's value examination focuses on studying past and present price action to predict the probability of ProShares UltraShort's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ProShares UltraShort's price. Additionally, you may evaluate how the addition of ProShares UltraShort to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
The market value of ProShares UltraShort MSCI 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 ProShares UltraShort value 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.
EFU
 Etf
  

USD 11.65  0.03  0.26%   

Analyzing ProShares UltraShort competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of ProShares UltraShort to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of ProShares UltraShort competition on your existing holdings. Continue to ProShares UltraShort Correlation with its peers.