Ultrashort Etf Financials

SDP
 Etf
  

USD 11.98  0.25  2.04%   

You can exercise Ultrashort Utilities fundamental data analysis to find out if markets are presently mispricing the entity. We were able to break down ten available drivers for Ultrashort Utilities ETF, which can be compared to its competition. Please use Ultrashort Utilities total asset and net asset to make a decision on whether Ultrashort Utilities ETF is priced fairly. Use Ultrashort Utilities to protect your portfolios against small market fluctuations. The etf experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Ultrashort Utilities to be traded at $11.5 in 90 days.
  
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With this module, you can analyze Ultrashort financials for your investing period. You should be able to track the changes in Ultrashort Utilities individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Ultrashort Utilities Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ultrashort Utilities' financial statements are interrelated, with each one affecting the others. For example, an increase in Ultrashort Utilities' assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 66
Ultrashort Utilities ETF has more than 66 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Ultrashort Utilities etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Ultrashort Utilities' official financial statements usually reflect Ultrashort Utilities' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ultrashort Utilities ETF. For example, before you start analyzing numbers published by Ultrashort accountants, it's critical to develop an understanding of what Ultrashort Utilities' liquidity, profitability, and earnings quality are in the context of the ProShares space in which it operates.
Please note, the presentation of Ultrashort Utilities' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ultrashort Utilities' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ultrashort Utilities' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ultrashort Utilities ETF. Please utilize our Beneish M Score to check the likelihood of Ultrashort Utilities' management to manipulate its earnings.

Ultrashort Utilities Company Summary

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Utilities is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
RegionNorth America
Investment IssuerProShares
Etf FamilyProShares
Fund CategorySector
Portfolio ConcentrationUtilities
BenchmarkDOW
PhoneNA
CurrencyUSD - US Dollar
You should never invest in Ultrashort Utilities without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ultrashort Etf, because this is throwing your money away. Analyzing the key information contained in Ultrashort Utilities' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Ultrashort Utilities Key Financial Ratios

Generally speaking, Ultrashort Utilities' financial ratios allow both analysts and investors to convert raw data from Ultrashort Utilities' financial statements into concise, actionable information that can be used to evaluate the performance of Ultrashort Utilities over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ultrashort Utilities ETF reports annually and quarterly.

Ultrashort Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ultrashort Utilities's current stock value. Our valuation model uses many indicators to compare Ultrashort Utilities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ultrashort Utilities competition to find correlations between indicators driving Ultrashort Utilities's intrinsic value. More Info.
Ultrashort Utilities ETF is presently regarded as number one ETF in last dividend paid as compared to similar ETFs. It is presently regarded as number one ETF in five year return as compared to similar ETFs . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ultrashort Utilities by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ultrashort Utilities' Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ultrashort Utilities' earnings, one of the primary drivers of an investment's value.

Ultrashort Utilities ETF Systematic Risk

Ultrashort Utilities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ultrashort Utilities volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on Ultrashort Utilities ETF correlated with the market. If Beta is less than 0 Ultrashort Utilities generally moves in the opposite direction as compared to the market. If Ultrashort Utilities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ultrashort Utilities ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ultrashort Utilities is generally in the same direction as the market. If Beta > 1 Ultrashort Utilities moves generally in the same direction as, but more than the movement of the benchmark.
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About Ultrashort Utilities Financials

What exactly are Ultrashort Utilities Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ultrashort Utilities' income statement, its balance sheet, and the statement of cash flows. Potential Ultrashort Utilities investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ultrashort Utilities investors may use each financial statement separately, they are all related. The changes in Ultrashort Utilities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ultrashort Utilities's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Ultrashort Utilities is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Ultrashort grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Ultrashort Utilities July 7, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ultrashort Utilities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ultrashort Utilities ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ultrashort Utilities ETF based on widely used predictive technical indicators. In general, we focus on analyzing Ultrashort Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ultrashort Utilities's daily price indicators and compare them against related drivers.
Downside Deviation2.38
Information Ratio0.1077
Maximum Drawdown14.74
Value At Risk(4.07)
Potential Upside4.67
Additionally, take a look at World Market Map. Note that the Ultrashort Utilities ETF information on this page should be used as a complementary analysis to other Ultrashort Utilities' 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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