Ultra Etf Profile

USD
 Etf
  

USD 27.27  0.29  1.07%   

Market Performance
1 of 100
Odds Of Distress
Less than 49
Ultra Semiconductors is trading at 27.27 as of the 16th of August 2022, a 1.07 percent increase since the beginning of the trading day. The etf's lowest day price was 26.42. Ultra Semiconductors has 49 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Ultra Semiconductors ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of July 2022 and ending today, the 16th of August 2022. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Semiconductors is traded on NYSEArca Exchange in the United States. More on Ultra Semiconductors ETF

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Ultra Semiconductors Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Ultra Semiconductors' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ultra Semiconductors or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Ultra Semiconductors has very high historical volatility over the last 90 days
The fund keeps 196.79% of its net assets in stocks
Chairman of ProShares TrustMichael Sapir
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ultra Semiconductors' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
IssuerProShares
Inception Date2007-01-30
BenchmarkDow Jones U.S. Semiconductors Index
Entity TypeRegulated Investment Company
Asset Under Management203.13 Million
Average Trading Valume192,440
Asset TypeEquity
CategorySector
FocusTechnology
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Tarak Dave
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents49.0
Market MakerIMC
Total Expense1.01
Management Fee0.75
Nav Price25.36
Two Hundred Day Average35.93
Ytd-55.67%
Average Daily Volume In Three Month228.57k
Fifty Two Week Low16.68
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day183.41k
Fifty Two Week High58.41
One Month15.88%
Fifty Day Average22.93
Three Month-15.67%
Beta In Three Year2.38
Ultra Semiconductors ETF [USD] is traded in USA and was established 2007-01-30. The fund is classified under Trading--Leveraged Equity category within ProShares family. Ultra Semiconductors ETF at this time have 165.69 M in net assets. , while the total return for the last 3 years was 26.67%.
Check Ultra Semiconductors Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ultra Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultra Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ultra Semiconductors ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Ultra Semiconductors ETF Constituents

Ultra Semiconductors Target Price Odds Analysis

What are Ultra Semiconductors' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Ultra Semiconductors jumping above the current price in 90 days from now is about 11.97%. The Ultra Semiconductors ETF probability density function shows the probability of Ultra Semiconductors etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 3.4691. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ultra Semiconductors will likely underperform. Additionally, the company has an alpha of 0.034, implying that it can generate a 0.034 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 27.27HorizonTargetOdds Above 27.27
87.97%90 days
 27.27 
11.97%
Based on a normal probability distribution, the odds of Ultra Semiconductors to move above the current price in 90 days from now is about 11.97 (This Ultra Semiconductors ETF probability density function shows the probability of Ultra Etf to fall within a particular range of prices over 90 days) .

Ultra Semiconductors Top Holders

Ultra Semiconductors ETF Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ultra Semiconductors market risk premium is the additional return an investor will receive from holding Ultra Semiconductors long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ultra Semiconductors. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ultra Semiconductors' alpha and beta are two of the key measurements used to evaluate Ultra Semiconductors' performance over the market, the standard measures of volatility play an important role as well.

Ultra Semiconductors ETF Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Ultra Semiconductors ETF Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Ultra Semiconductors price patterns.
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Ultra Semiconductors Against Markets

Picking the right benchmark for Ultra Semiconductors etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ultra Semiconductors etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ultra Semiconductors is critical whether you are bullish or bearish towards Ultra Semiconductors ETF at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ultra Semiconductors without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Ultra Semiconductors ETF?

You need to understand the risk of investing before taking a position in Ultra Semiconductors. The danger of trading Ultra Semiconductors ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ultra Semiconductors is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ultra Semiconductors. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ultra Semiconductors ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Also, please take a look at World Market Map. Note that the Ultra Semiconductors ETF information on this page should be used as a complementary analysis to other Ultra Semiconductors' 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 CEO Directory module to screen CEOs from public companies around the world.

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When running Ultra Semiconductors ETF price analysis, check to measure Ultra Semiconductors' 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 Ultra Semiconductors is operating at the current time. Most of Ultra Semiconductors' value examination focuses on studying past and present price action to predict the probability of Ultra Semiconductors' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ultra Semiconductors' price. Additionally, you may evaluate how the addition of Ultra Semiconductors to your portfolios can decrease your overall portfolio volatility.
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The market value of Ultra Semiconductors ETF is measured differently than its book value, which is the value of Ultra that is recorded on the company's balance sheet. Investors also form their own opinion of Ultra Semiconductors' value that differs from its market value or its book value, called intrinsic value, which is Ultra Semiconductors' 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 Ultra Semiconductors' market value can be influenced by many factors that don't directly affect Ultra Semiconductors' 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 Ultra Semiconductors' value and its price as these two are different measures arrived at by different means. Investors typically determine Ultra Semiconductors value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultra Semiconductors' 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.