Is Proshares Ultra Bitcoin stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Proshares Ultra Bitcoin pays dividends. Last time was Thursday 8th of August 2024 where the investors holding the stock on Thursday 1st of August 2024 were paid $0.008243 per share. Over the last 4 times between 2024 and 2024, Proshares Ultra Bitcoin has paid $0.057067 with an average of $0.01 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Proshares Ultra Bitcoin 10 years ago, but if you had invested on Tuesday 2nd of April 2024 when the price was $35.91, you would have made a profit of $17.73 per share or 49.37%
Yes, the average daily trading liquidity for Proshares Ultra Bitcoin is $2.63 million. You should therefore be able to get in and out of your positions relatively fast.
Proshares Ultra Bitcoin has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Proshares Ultra Bitcoin to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.