Proshares Big Data Etf Buy Hold or Sell Recommendation
| DAT Etf | USD 44.28 0.16 0.36% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ProShares Big Data is 'Strong Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell ProShares Big Data given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for ProShares Big Data, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ProShares Big Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as ProShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ProShares Big Data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
ProShares |
Execute ProShares Big Buy or Sell Advice
The ProShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ProShares Big Data. Macroaxis does not own or have any residual interests in ProShares Big Data or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Big's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
ProShares Big Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Trading Report - Stock Traders Daily | |
| The fund retains 99.71% of its assets under management (AUM) in equities |
ProShares Big Returns Distribution Density
The distribution of ProShares Big's historical returns is an attempt to chart the uncertainty of ProShares Big's future price movements. The chart of the probability distribution of ProShares Big daily returns describes the distribution of returns around its average expected value. We use ProShares Big Data price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Big returns is essential to provide solid investment advice for ProShares Big.
| Mean Return | 0.25 | Value At Risk | -1.9 | Potential Upside | 3.09 | Standard Deviation | 1.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ProShares Big historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ProShares Big Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ProShares Big or ProShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ProShares Big's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ProShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | 0.15 |
ProShares Big Volatility Alert
ProShares Big Data has relatively low volatility with skewness of 0.0 and kurtosis of 0.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Big's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ProShares Big's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ProShares Big Fundamentals Vs Peers
Comparing ProShares Big's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ProShares Big's direct or indirect competition across all of the common fundamentals between ProShares Big and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Big or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Big's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Big by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares Big to competition |
| Fundamentals | ProShares Big | Peer Average |
| Beta | 1.17 | |
| One Year Return | 36.70 % | (0.97) % |
| Three Year Return | 8.10 % | 3.23 % |
| Net Asset | 1.66 M | 2.29 B |
| Equity Positions Weight | 99.71 % | 52.82 % |
ProShares Big Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ProShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About ProShares Big Buy or Sell Advice
When is the right time to buy or sell ProShares Big Data? Buying financial instruments such as ProShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ProShares Big in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Check out ProShares Big Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of ProShares Big Data 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 Big's value that differs from its market value or its book value, called intrinsic value, which is ProShares Big'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 Big's market value can be influenced by many factors that don't directly affect ProShares Big'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 Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Big'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.