ProShares Russell Financials
| SMDV Etf | USD 75.88 0.91 1.21% |
Net Expense Ratio 0.004 | 3 y Sharp Ratio 0.13 |
ProShares |
The data published in ProShares Russell's official financial statements typically reflect ProShares Russell'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 Russell's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares Russell's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
Please note, the imprecision that can be found in ProShares Russell's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ProShares Russell 2000. Check ProShares Russell's Beneish M Score to see the likelihood of ProShares Russell's management manipulating its earnings.
ProShares Russell Etf Summary
ProShares Russell competes with Dimensional ETF, Vanguard Small, First Trust, Vanguard, and Vanguard. Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Russell 2000 is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US74347B6983 |
| CUSIP | 74347B698 |
| Region | North America |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | Size and Style |
| Portfolio Concentration | Small Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ProShares Russell Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Russell's current stock value. Our valuation model uses many indicators to compare ProShares Russell value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Russell competition to find correlations between indicators driving ProShares Russell's intrinsic value. More Info.ProShares Russell 2000 is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Russell 2000 is roughly 10.56 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Russell 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 Russell 2000 Systematic Risk
ProShares Russell's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProShares Russell 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.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on ProShares Russell 2000 correlated with the market. If Beta is less than 0 ProShares Russell generally moves in the opposite direction as compared to the market. If ProShares Russell Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Russell 2000 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Russell is generally in the same direction as the market. If Beta > 1 ProShares Russell 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 Russell 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 Russell's financials are consistent with your investment objective using the following steps:- Review ProShares Russell'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 Russell'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 Russell'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 Russell's stock is overvalued or undervalued.
ProShares Russell Thematic Clasifications
ProShares Russell 2000 is part of several thematic ideas from Small Cap ETFs to Size And Style 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 Russell November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares Russell help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares Russell 2000. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Russell 2000 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 Russell's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9345 | |||
| Information Ratio | 0.0345 | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.84 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Russell 2000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of ProShares Russell 2000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is ProShares Russell'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 Russell's market value can be influenced by many factors that don't directly affect ProShares Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Russell'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.