ProShares Financials
| SPXB Etf | USD 74.94 0.03 0.04% |
ProShares |
The data published in ProShares' official financial statements typically reflect ProShares' 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' quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares' liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
Please note, the presentation of ProShares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProShares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ProShares' management manipulating its earnings.
ProShares Etf Summary
ProShares competes with ProShares, IShares Edge, ProShares, and ProShares. The index consists exclusively of investment grade bonds issued by companies in the SP 500. SP 500 is traded on NYSEARCA Exchange in the United States.ProShares Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares's current stock value. Our valuation model uses many indicators to compare ProShares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares competition to find correlations between indicators driving ProShares's intrinsic value. More Info.ProShares is presently regarded as number one ETF in beta as compared to similar ETFs. It is rated fifth largest ETF in one year return as compared to similar ETFs reporting about 0.75 of One Year Return per Beta. The ratio of Beta to One Year Return for ProShares is roughly 1.33 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares' earnings, one of the primary drivers of an investment's value.ProShares Market Pulse
| Quote | 74.94 |
| Change(%) | 0.04 |
| Change | 0.03 |
| Open | 74.97 |
| Low | 74.94 |
| High | 74.98 |
| Volume | 0 |
| Exchange | NASDAQ |
About ProShares Financials
What exactly are ProShares Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include ProShares' income statement, its balance sheet, and the statement of cash flows. Potential ProShares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ProShares investors may use each financial statement separately, they are all related. The changes in ProShares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ProShares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.ProShares December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares 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's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5116 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 2.0 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.6964 |
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The market value of ProShares 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.