ProShares Financials
We recommend to use ProShares fundamental analysis to find out if markets are presently mispricing the entity. Put it differently this technique allows you to confirm available drivers of ProShares as well as the relationship between them. We were able to break down eight available financial ratios for ProShares, which can be compared to its competitors.
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 SPDR Bloomberg, SPDR SSGA, SPDR DoubleLine, and SPDR Portfolio. The investment seeks to provide short exposure to the credit of North American high yield debt issuers. CDS Short is traded on BATS Exchange in USA.Instrument | USA Etf View All |
Exchange | NASDAQ Exchange |
Region | Others |
Investment Issuer | Others |
Etf Family | ProShares |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Phone | 866 776 5125 |
Currency | USD - US Dollar |
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 rated first in one year return as compared to similar ETFs. It is rated first in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares 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.Check out Your Current Watchlist to better understand how to build diversified portfolios. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Tools for ProShares Etf
When running ProShares' price analysis, check to measure ProShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares is operating at the current time. Most of ProShares' value examination focuses on studying past and present price action to predict the probability of ProShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares' price. Additionally, you may evaluate how the addition of ProShares to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |