ProShares Trust Financial Statements From 2010 to 2025
| UXRP Etf | 9.28 0.33 3.43% |
Check ProShares Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Trust'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 Trust Valuation or Volatility modules.
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About ProShares Trust Financial Statements
ProShares Trust 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 Trust investors may analyze each financial statement separately, they are all interrelated. The changes in ProShares Trust's assets and liabilities, for example, are also reflected in the revenues and expenses on on ProShares Trust's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with ProShares Trust
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 Trust 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 Trust will appreciate offsetting losses from the drop in the long position's value.Moving against ProShares Etf
| 0.68 | FB | ProShares Trust ProShares | PairCorr |
| 0.5 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.46 | VTV | Vanguard Value Index | PairCorr |
| 0.4 | SPY | SPDR SP 500 | PairCorr |
| 0.4 | IVV | iShares Core SP | PairCorr |
The ability to find closely correlated positions to ProShares Trust 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 Trust 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 Trust - 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 Trust to buy it.
The correlation of ProShares Trust 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 Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Trust 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 Trust 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 Trust Correlation against competitors. To learn how to invest in ProShares Etf, please use our How to Invest in ProShares Trust guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.