Proshares Sp Global Etf Market Outlook
| ION Etf | 58.14 0.86 1.50% |
About 55% of Proshares' investors are presently thinking to get in. The current sentiment regarding investing in Proshares SP Global etf implies that some traders are interested. Proshares' investing sentiment overview a quick insight into current market opportunities from investing in Proshares SP Global. Many technical investors use Proshares SP Global etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Comfort Level 55
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Proshares' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Proshares SP Global.
News SentimentNeutral | Hype SentimentBullish | Insider SentimentWaiting |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Proshares SP Global is 'Strong Hold'. The recommendation algorithm takes into account all of Proshares' available fundamental, technical, and predictive indicators you will find on this site.
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Execute Proshares Advice
The Proshares recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Proshares SP Global. Macroaxis does not own or have any residual interests in Proshares SP Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Proshares' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
For the selected time horizon Proshares SP Global has a Risk Adjusted Performance of 0.1692, Jensen Alpha of 0.4971, Total Risk Alpha of 0.2296, Sortino Ratio of 0.1463 and Treynor Ratio of 2.45Our advice module provides unbiased recommendation that can be used to complement current average analyst sentiment on Proshares SP Global. Our advice engine provides an advice for the etf potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please check Proshares SP Global beta to decide if your Proshares SP Global buy or sell deciscion is justified.
Proshares thematic classifications
 | Theme ETFsUSA ETFs from Theme clasification | |
| Strategy ETFsUSA ETFs from Strategy clasification |
Proshares Returns Distribution Density
The distribution of Proshares' historical returns is an attempt to chart the uncertainty of Proshares' future price movements. The chart of the probability distribution of Proshares daily returns describes the distribution of returns around its average expected value. We use Proshares SP Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Proshares returns is essential to provide solid investment analysis for Proshares.
| Mean Return | 0.53 | Value At Risk | -3.83 | Potential Upside | 4.13 | Standard Deviation | 2.60 |
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 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 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 or Natural Resources 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' 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 | 0.50 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 2.60 | |
Ir | Information ratio | 0.16 |
Proshares Volatility Alert
Proshares SP Global currently demonstrates below-average downside deviation. It has Information Ratio of 0.16 and Jensen Alpha of 0.5. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Proshares' 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' 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 Fundamentals Vs Peers
Comparing Proshares' 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' direct or indirect competition across all of the common fundamentals between Proshares and the related equities. This way, we can detect undervalued stocks with similar characteristics as Proshares or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Proshares' fundamental indicators could also be used in its relative valuation, which is a method of valuing Proshares by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Proshares to competition |
| Fundamentals | Proshares | Peer Average |
| Beta | 1.19 | |
| One Year Return | 121.90 % | (0.97) % |
| Three Year Return | 12.80 % | 3.23 % |
Note: Acquisition by Citadel Investment Group Llc of 83116 shares of Proshares at 0.29 subject to Rule 16b-3 [view details]
Proshares 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 Buy or Sell Advice
When is the right time to buy or sell Proshares SP Global? 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 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 Advertising Thematic Idea Now
Advertising
Companies specializing in advertising, marketing and advertising services. The Advertising theme has 38 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 Advertising Theme or any other thematic opportunities.
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Check out Proshares 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Investors evaluate Proshares SP Global using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Proshares' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Proshares' market price to deviate significantly 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. Conversely, Proshares' market price signifies the transaction level at which participants voluntarily complete trades.