ProShares Inflation Competition
| RINF Etf | USD 32.29 0.10 0.31% |
ProShares Inflation vs Simplify Exchange Correlation
Average diversification
The correlation between ProShares Inflation Expectatio and FOXY is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ProShares Inflation Expectatio and FOXY in the same portfolio, assuming nothing else is changed.
Moving together with ProShares Etf
Moving against ProShares Etf
ProShares Inflation Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ProShares Inflation and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of ProShares and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ProShares Inflation does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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ProShares Inflation Constituents Risk-Adjusted Indicators
There is a big difference between ProShares Etf performing well and ProShares Inflation ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ProShares Inflation's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STXI | 0.64 | 0.17 | 0.10 | 9.49 | 0.55 | 1.28 | 3.03 | |||
| STXM | 0.78 | 0.14 | 0.06 | 2.26 | 0.80 | 1.60 | 4.06 | |||
| TFJL | 0.36 | (0.03) | 0.00 | (0.13) | 0.00 | 0.74 | 1.97 | |||
| PSCF | 0.75 | 0.07 | 0.07 | 0.18 | 0.70 | 2.08 | 4.96 | |||
| TIME | 0.66 | (0.05) | (0.08) | (0.02) | 1.12 | 1.15 | 5.18 | |||
| BETH | 2.66 | (0.75) | 0.00 | (0.35) | 0.00 | 4.78 | 20.68 | |||
| LDRT | 0.11 | 0.01 | (0.48) | 0.31 | 0.05 | 0.24 | 1.07 | |||
| CAFG | 0.79 | 0.06 | 0.08 | 0.15 | 0.74 | 2.03 | 4.28 | |||
| HOOX | 6.56 | (1.80) | 0.00 | (0.29) | 0.00 | 14.21 | 41.56 | |||
| FOXY | 0.48 | 0.12 | 0.02 | (0.93) | 0.50 | 1.06 | 3.93 |
ProShares Inflation Competitive Analysis
The better you understand ProShares Inflation competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ProShares Inflation's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ProShares Inflation's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
ProShares Inflation Competition Performance Charts
Five steps to successful analysis of ProShares Inflation Competition
ProShares Inflation's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ProShares Inflation in relation to its competition. ProShares Inflation's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ProShares Inflation in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ProShares Inflation's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ProShares Inflation, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your ProShares Inflation position
In addition to having ProShares Inflation in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Farming
Companies producing farming products and providing services for farmers. The Farming theme has 45 constituents at this time.
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Check out ProShares Inflation Correlation with its peers. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Understanding ProShares Inflation requires distinguishing between market price and book value, where the latter reflects ProShares's accounting equity. The concept of intrinsic value - what ProShares Inflation's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push ProShares Inflation's price substantially above or below its fundamental value.
It's important to distinguish between ProShares Inflation's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProShares Inflation should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, ProShares Inflation's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.