ProShares Online Financial Statements From 2010 to 2026
| ONLN Etf | USD 55.99 1.56 2.71% |
Check ProShares Online financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Online'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 Online Valuation or Volatility modules.
ProShares | Build AI portfolio with ProShares Etf |
Pair Trading with ProShares Online
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares Online position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares Online will appreciate offsetting losses from the drop in the long position's value.Moving together with ProShares Etf
| 0.8 | XLY | Consumer Discretionary | PairCorr |
| 0.83 | VCR | Vanguard Consumer | PairCorr |
| 0.72 | FDIS | Fidelity MSCI Consumer | PairCorr |
Moving against ProShares Etf
The ability to find closely correlated positions to ProShares Online could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares Online when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares Online - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares Online Retail to buy it.
The correlation of ProShares Online is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares Online moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Online Retail moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares Online can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ProShares Online Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of ProShares Online Retail 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 Online's value that differs from its market value or its book value, called intrinsic value, which is ProShares Online's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because ProShares Online's market value can be influenced by many factors that don't directly affect ProShares Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between ProShares Online's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProShares Online should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, ProShares Online's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.