Notable companies
The most notable companies in this group are Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Verizon Communications (NYSE:VZ), Comcast Corp (NASDAQ:CMCSA), AT&T (NYSE:T), Electronic Arts (NASDAQ:EA), Take-Two Interactive Software (NASDAQ:TTWO).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Communication Services Select Sector Index.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the communication services sector of the S&P 500 Index. The fund is non-diversified.
Market Cap
The average market capitalization across the ProShares Ultra Communication Services ETF is 309.76B. The market cap for tickers in the group ranges from 8.05B to 1.94T. GOOG holds the highest valuation in this group at 1.94T. The lowest valued company is PARA at 8.05B.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Ultra Communication Services ETF was 6%. For the same ETF, the average monthly price growth was 12%, and the average quarterly price growth was 37%. T experienced the highest price growth at 4%, while GOOG experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the ProShares Ultra Communication Services ETF was -47%. For the same stocks of the ETF, the average monthly volume growth was 2% and the average quarterly volume growth was 74%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 50
P/E Growth Rating: 58
Price Growth Rating: 43
SMR Rating: 55
Profit Risk Rating: 51
Seasonality Score: -13 (-100 ... +100)