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PRKZX

$--
--%
1d
1w
1m

Analysis and statistics

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About

PRKZX.US represents the ProShares UltraPro Short Russell2000 ETF. This ETF is designed to deliver three times the inverse (opposite) of the daily performance of the Russell 2000 Index, a benchmark for small-cap U.S. stocks. As a leveraged and inverse ETF, it is a complex financial product intended for sophisticated investors who actively monitor their positions and understand the risks associated with short-term trading strategies. Due to its leveraged nature and daily reset, its performance over periods longer than one day can significantly differ from the stated multiple of the index's return.
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Factors

Net Asset Value (NAV): PRKZX's price closely tracks its NAV, which reflects the underlying value of its assets.

Market Sentiment: Overall market optimism or pessimism can influence investor demand, impacting the fund's price.

Interest Rates: Changes in interest rates affect fixed-income assets held by PRKZX, thus altering its value.

Fund Flows: Large inflows or outflows of capital can create buying or selling pressure, affecting the price.

Economic Conditions: Economic growth, inflation, and unemployment impact the fund's asset holdings, altering its NAV.

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