Proshares Ultrashort Yen Etf Analysis
| YCS Etf | USD 51.97 0.71 1.39% |
ProShares UltraShort's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. ProShares UltraShort's financial risk is the risk to ProShares UltraShort stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that ProShares UltraShort's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which ProShares UltraShort is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of ProShares UltraShort to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, ProShares UltraShort is said to be less leveraged. If creditors hold a majority of ProShares UltraShort's assets, the ETF is said to be highly leveraged.
ProShares UltraShort Yen is undervalued with Real Value of 53.16 and Hype Value of 51.29. The main objective of ProShares UltraShort etf analysis is to determine its intrinsic value, which is an estimate of what ProShares UltraShort Yen is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
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.
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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 50 constituents with avarage daily trading value of 44.4 K. The fund charges 0.95 percent management fee with a total expences of 0.95 percent of total asset. The fund generated five year return of 25.0%. ProShares UltraShort Yen keeps all of the net assets in exotic instruments. The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments based on the funds benchmark. Ultrashort Yen is traded on NYSEARCA Exchange in the United States. For more information please call the company at NA.Currency Exposure
ProShares UltraShort Yen 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 Yen Investment Alerts
| Latest headline from news.google.com: Investors Step Back From Yen Shorts as ProShares UltraShort Yen Logs Heavy Outflows - TipRanks | |
| The fund keeps all of the net assets in 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 showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Returns 3 Y 23.25 | Returns 5 Y 24.72 | Returns 1 Y 7.93 | Total Assets 35.5 M | Returns 10 Y 9.09 |
Top ProShares UltraShort Yen Etf Constituents
| Net Other Assets / Cash | 100% |
| YEN/US DOLLAR FORWARD - GOLDMAN SACHS | 100% |
| YEN/US DOLLAR FORWARD - UBS | 100% |
Technical Drivers
As of the 9th of January, ProShares UltraShort holds the Risk Adjusted Performance of 0.1384, semi deviation of 0.7308, and Coefficient Of Variation of 544.72. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares UltraShort, as well as the relationship between them. Please check ProShares UltraShort Yen information ratio and downside variance to decide if ProShares UltraShort Yen is priced some-what accurately, providing market reflects its current price of 51.97 per share.ProShares UltraShort Yen Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as ProShares UltraShort Yen price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
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 Yen 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 Yen 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.
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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.ProShares UltraShort Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the ProShares UltraShort's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of ProShares UltraShort, which in turn will lower the firm's financial flexibility.ProShares UltraShort Corporate Bonds Issued
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 by investing under normal market conditions in any one of, or combinations of, Financial Instruments based on the funds benchmark. Ultrashort Yen is traded on NYSEARCA Exchange in the United States.
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Yen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of ProShares UltraShort Yen 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.