(UWM) ProShares Ultra Russell2000 - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74347R8429 • Trading--Leveraged Equity
UWM: Stocks, Small Cap, Equities, Index Funds
ProShares Ultra Russell2000 (NYSE ARCA:UWM) is a leveraged exchange-traded fund (ETF) designed to provide daily returns that are twice the daily performance of the Russell 2000 Index. The fund achieves this by investing in a combination of financial instruments, such as futures contracts, swaps, and other derivatives. The Russell 2000 Index is a market capitalization-weighted index that includes approximately 2000 of the smallest companies in the Russell 3000 Index, representing about 10% of the total market capitalization of the Russell 3000. The fund is considered non-diversified, meaning it can concentrate its holdings in a smaller number of securities, which may increase volatility. UWM is part of ProShares lineup of leveraged ETFs, offering traders and investors a tool for magnifying exposure to small-cap U.S. equities. Additional information can be found at http://www.proshares.com.
Based on the provided data, here is a 3-month forecast for UWM:
1 Month Outlook: The funds price is currently below its 20-day and 50-day moving averages (42.54 and 42.93, respectively), indicating bearish momentum. With an ATR of 1.39, the price could decline further, potentially testing the 38.20 - 36.81 range.
2 Month Outlook: If the downward trend persists, UWM may breach the 36.81 level, with potential support around 35.00. However, this would depend on broader market conditions and the performance of small-cap equities.
3 Month Outlook: By the end of the third month, UWM could rebound if the Russell 2000 Index stabilizes or shows signs of recovery. A potential target range is 40.00 - 42.00, contingent on the fund breaking above its 200-day moving average of 41.83.
Additional Sources for UWM ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
UWM ETF Overview
Market Cap in USD | 318m |
Category | Trading--Leveraged Equity |
TER | 0.95% |
IPO / Inception | 2007-01-23 |
UWM ETF Ratings
Growth 5y | 47.5% |
Fundamental | - |
Dividend | 47.4% |
Rel. Strength Industry | -15.9 |
Analysts | - |
Fair Price Momentum | 28.85 USD |
Fair Price DCF | - |
UWM Dividends
Dividend Yield 12m | 1.28% |
Yield on Cost 5y | 3.55% |
Annual Growth 5y | 74.47% |
Payout Consistency | 47.6% |
UWM Growth Ratios
Growth Correlation 3m | -54.4% |
Growth Correlation 12m | 54.5% |
Growth Correlation 5y | 6.5% |
CAGR 5y | 20.39% |
CAGR/Max DD 5y | 0.33 |
Sharpe Ratio 12m | 0.70 |
Alpha | -26.75 |
Beta | 2.42 |
Volatility | 48.22% |
Current Volume | 335.1k |
Average Volume 20d | 433.9k |
As of March 15, 2025, the stock is trading at USD 34.65 with a total of 335,125 shares traded.
Over the past week, the price has changed by -3.24%, over one month by -20.11%, over three months by -26.58% and over the past year by -6.86%.
Partly, yes. Based on ValueRay Analyses, ProShares Ultra Russell2000 (NYSE ARCA:UWM) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 47.49 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of UWM as of March 2025 is 28.85. This means that UWM is currently overvalued and has a potential downside of -16.74%.
ProShares Ultra Russell2000 has no consensus analysts rating.
According to ValueRays Forecast Model, UWM ProShares Ultra Russell2000 will be worth about 34.6 in March 2026. The stock is currently trading at 34.65. This means that the stock has a potential downside of -0.09%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 34.6 | -0.1% |