Proshares Metaverse Etf Probability of Future Etf Price Finishing Over 49.09
| VERS Etf | USD 45.59 0.96 2.15% |
ProShares |
ProShares Metaverse Target Price Odds to finish over 49.09
The tendency of ProShares Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 49.09 or more in 90 days |
| 45.59 | 90 days | 49.09 | near 1 |
Based on a normal probability distribution, the odds of ProShares Metaverse to move over $ 49.09 or more in 90 days from now is near 1 (This ProShares Metaverse ETF probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) . Probability of ProShares Metaverse ETF price to stay between its current price of $ 45.59 and $ 49.09 at the end of the 90-day period is nearly 4.31 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.12 . This entails ProShares Metaverse ETF market returns are related to returns on the market. As the market goes up or down, ProShares Metaverse is expected to follow. Additionally ProShares Metaverse ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ProShares Metaverse Price Density |
| Price |
Predictive Modules for ProShares Metaverse
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares Metaverse ETF. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.ProShares Metaverse Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ProShares Metaverse is not an exception. The market had few large corrections towards the ProShares Metaverse's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ProShares Metaverse ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProShares Metaverse within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.12 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | -0.01 |
ProShares Metaverse Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ProShares Metaverse for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProShares Metaverse ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ProShares Metaverse has high likelihood to experience some financial distress in the next 2 years | |
| ProShares Metaverse has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| ProShares Metaverse ETF currently holds 27.58 M in liabilities with Debt to Equity (D/E) ratio of 115.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ProShares Metaverse ETF has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist ProShares Metaverse until it has trouble settling it off, either with new capital or with free cash flow. So, ProShares Metaverse's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ProShares Metaverse ETF sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ProShares to invest in growth at high rates of return. When we think about ProShares Metaverse's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (24 M). | |
| ProShares Metaverse ETF currently holds about 2.26 M in cash with (18.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 74.0% of ProShares Metaverse outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Bitcoin ETF options debut sparks record tradingBlackRocks IBIT leads the way - AMBCrypto News | |
| The fund keeps 99.92% of its net assets in stocks |
ProShares Metaverse Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ProShares Etf often depends not only on the future outlook of the current and potential ProShares Metaverse's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ProShares Metaverse's indicators that are reflective of the short sentiment are summarized in the table below.
ProShares Metaverse Technical Analysis
ProShares Metaverse's future price can be derived by breaking down and analyzing its technical indicators over time. ProShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProShares Metaverse ETF. In general, you should focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environments and drivers.
ProShares Metaverse Predictive Forecast Models
ProShares Metaverse's time-series forecasting models is one of many ProShares Metaverse's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ProShares Metaverse's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about ProShares Metaverse ETF
Checking the ongoing alerts about ProShares Metaverse for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProShares Metaverse ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ProShares Metaverse has high likelihood to experience some financial distress in the next 2 years | |
| ProShares Metaverse has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| ProShares Metaverse ETF currently holds 27.58 M in liabilities with Debt to Equity (D/E) ratio of 115.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ProShares Metaverse ETF has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist ProShares Metaverse until it has trouble settling it off, either with new capital or with free cash flow. So, ProShares Metaverse's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ProShares Metaverse ETF sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ProShares to invest in growth at high rates of return. When we think about ProShares Metaverse's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (24 M). | |
| ProShares Metaverse ETF currently holds about 2.26 M in cash with (18.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 74.0% of ProShares Metaverse outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Bitcoin ETF options debut sparks record tradingBlackRocks IBIT leads the way - AMBCrypto News | |
| The fund keeps 99.92% of its net assets in stocks |
Check out ProShares Metaverse Backtesting, Portfolio Optimization, ProShares Metaverse Correlation, ProShares Metaverse Hype Analysis, ProShares Metaverse Volatility, ProShares Metaverse History as well as ProShares Metaverse Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of ProShares Metaverse 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 Metaverse's value that differs from its market value or its book value, called intrinsic value, which is ProShares Metaverse'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 Metaverse's market value can be influenced by many factors that don't directly affect ProShares Metaverse'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 Metaverse's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Metaverse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Metaverse'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.