ProShares Ultra is selling for 81.07 as of the 4th of May 2025. This is a 2.78 percent up since the beginning of the trading day. The etf's lowest day price was 79.97. ProShares Ultra has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 4th of April 2025 and ending today, the 4th of May 2025. 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 Telecommunicatio is traded on NYSEARCA Exchange in the United States. More on ProShares Ultra Telecommunications
ProShares Ultra Telecommunications [LTL] is traded in USA and was established 2008-03-25. The fund is classified under Trading--Leveraged Equity category within ProShares family. The entity is thematically classified as Sector ETFs. ProShares Ultra Tele now have 1.64 M in assets. , while the total return for the last 3 years was 29.2%.
Check ProShares Ultra Probability Of Bankruptcy
Top ProShares Ultra Telecommunications Etf Constituents
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 ProShares Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether ProShares Ultra Tele is a strong investment it is important to analyze ProShares Ultra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
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The market value of ProShares Ultra Tele 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.