ProShares Merger Financials
| MRGR Etf | USD 42.02 0.06 0.14% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio (0.59) |
ProShares |
The data published in ProShares Merger's official financial statements typically reflect ProShares Merger's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ProShares Merger's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares Merger's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
ProShares Merger Etf Summary
ProShares Merger competes with ProShares Hedge, IQ Merger, ProShares Global, ProShares Investment, and ProShares. The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. Merger ETF is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US74348A5662 |
| Region | Global |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | Strategy |
| Portfolio Concentration | Long/Short |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ProShares Merger Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Merger's current stock value. Our valuation model uses many indicators to compare ProShares Merger value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Merger competition to find correlations between indicators driving ProShares Merger's intrinsic value. More Info.ProShares Merger ETF is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Merger ETF is roughly 12.37 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Merger by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ProShares Merger ETF Systematic Risk
ProShares Merger's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProShares Merger volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ProShares Merger ETF correlated with the market. If Beta is less than 0 ProShares Merger generally moves in the opposite direction as compared to the market. If ProShares Merger Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Merger ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Merger is generally in the same direction as the market. If Beta > 1 ProShares Merger moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as ProShares Merger is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of ProShares has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if ProShares Merger's financials are consistent with your investment objective using the following steps:- Review ProShares Merger's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand ProShares Merger's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ProShares Merger's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if ProShares Merger's stock is overvalued or undervalued.
ProShares Merger Thematic Clasifications
ProShares Merger ETF is part of several thematic ideas from Long/short ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasProShares Merger November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares Merger help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares Merger ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Merger ETF based on widely used predictive technical indicators. In general, we focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProShares Merger's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2723 | |||
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.3112 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Merger ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of ProShares Merger ETF 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 Merger's value that differs from its market value or its book value, called intrinsic value, which is ProShares Merger'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 Merger's market value can be influenced by many factors that don't directly affect ProShares Merger'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 Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Merger'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.