ProShares Big Financial Statements From 2010 to 2024

DAT Etf  USD 45.70  1.39  3.14%   
ProShares Big financial statements provide useful quarterly and yearly information to potential ProShares Big Data investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ProShares Big financial statements helps investors assess ProShares Big's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ProShares Big's valuation are summarized below:
ProShares Big Data does not presently have any trending fundamental ratios for analysis.
Check ProShares Big financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Big's main balance sheet or income statement drivers, such as , as well as many indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares Big Valuation or Volatility modules.
  
This module can also supplement various ProShares Big Technical models . Check out the analysis of ProShares Big Correlation against competitors.

ProShares Big Data ETF Beta Analysis

ProShares Big's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current ProShares Big Beta

    
  1.06  
Most of ProShares Big's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares Big Data is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, ProShares Big Data has a Beta of 1.06. This is much higher than that of the ProShares family and significantly higher than that of the Technology category. The beta for all United States etfs is notably lower than that of the firm.

About ProShares Big Financial Statements

ProShares Big shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although ProShares Big investors may analyze each financial statement separately, they are all interrelated. The changes in ProShares Big's assets and liabilities, for example, are also reflected in the revenues and expenses on on ProShares Big's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. Proshares Big is traded on NYSEARCA Exchange in the United States.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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When determining whether ProShares Big Data is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Big Data Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Big Data Etf:
Check out the analysis of ProShares Big Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of ProShares Big Data is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Big's value that differs from its market value or its book value, called intrinsic value, which is ProShares Big's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Big's market value can be influenced by many factors that don't directly affect ProShares Big's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Big's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.