Proshares Ultrashort Euro Etf Analysis
| EUO Etf | USD 28.29 0.10 0.35% |
ProShares UltraShort Euro is fairly valued with Real Value of 28.48 and Hype Value of 28.29. The main objective of ProShares UltraShort etf analysis is to determine its intrinsic value, which is an estimate of what ProShares UltraShort Euro is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of ProShares UltraShort Euro. On the other hand, technical analysis, focuses on the price and volume data of ProShares Etf to identify patterns and trends that may indicate its future price movements.
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.
ProShares | Build AI portfolio with ProShares Etf |
ProShares Etf Analysis Notes
ProShares UltraShort is is formed as Partnership in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 42 constituents with avarage daily trading value of 32.9 K. The fund charges 0.95 percent management fee with a total expences of 0.98 percent of total asset. The fund retains all of the assets under management (AUM) in different types of exotic instruments. The fund seeks to meet its investment objective, under normal market conditions, by obtaining short exposures to its benchmark through futures contracts on its underlying currency. Ultrashort Euro is traded on NYSEARCA Exchange in the United States. To learn more about ProShares UltraShort Euro call the company at NA.Currency Exposure
ProShares UltraShort Euro manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of ProShares UltraShort will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
ProShares UltraShort Euro Investment Alerts
| ProShares UltraShort generated a negative expected return over the last 90 days | |
| The fund generated three year return of -5.0% | |
| ProShares UltraShort Euro retains all of the assets under management (AUM) in different types of exotic instruments |
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.ProShares UltraShort Euro benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Returns 3 Y (4.92) | Returns 5 Y 1.63 | Returns 1 Y (8.31) | Total Assets 32.4 M | Returns 10 Y 0.84 |
Top ProShares UltraShort Euro Etf Constituents
| EURO/US DOLLAR FORWARD - GOLDMAN SACHS | 100% |
| EURO/US DOLLAR FORWARD - UBS | 100% |
| Net Other Assets / Cash | 100% |
Technical Drivers
As of the 21st of July, ProShares UltraShort holds the Risk Adjusted Performance of (0.04), variance of 1.11, and Coefficient Of Variation of (2,158). ProShares UltraShort Euro technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices.ProShares UltraShort Euro Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of ProShares UltraShort for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out ProShares UltraShort Euro short-term fluctuations and highlight longer-term trends or cycles.
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 Euro 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 Euro 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US74348YAV39 Corp BondUS74348YAV39 | View | |
| US74348YDX67 Corp BondUS74348YDX67 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| PROSPECT CAP P Corp BondUS74348YEA55 | View | |
| US74348TAU60 Corp BondUS74348TAU60 | View | |
| US74348TAV44 Corp BondUS74348TAV44 | View |
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.
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 seeks to meet its investment objective, under normal market conditions, by obtaining short exposures to its benchmark through futures contracts on its underlying currency. Ultrashort Euro 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?
Run Top Crypto Exchanges Now
Top Crypto ExchangesSearch and analyze digital assets across top global cryptocurrency exchanges |
| All Next | Launch Module |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Euro. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of ProShares UltraShort Euro 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.