ProShares Trust (Mexico) Buy Hold or Sell Recommendation
| QLD Etf | MXN 2,107 13.19 0.63% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding ProShares Trust is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares Trust given historical horizon and risk tolerance towards ProShares Trust. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares Trust , the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ProShares Trust 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. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide. 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 Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
ProShares |
Execute ProShares Trust 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 Trust . Macroaxis does not own or have any residual interests in ProShares Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Trust's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
ProShares Trust Trading Alerts and Improvement Suggestions
ProShares Trust Returns Distribution Density
The distribution of ProShares Trust's historical returns is an attempt to chart the uncertainty of ProShares Trust's future price movements. The chart of the probability distribution of ProShares Trust daily returns describes the distribution of returns around its average expected value. We use ProShares Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Trust returns is essential to provide solid investment advice for ProShares Trust.
| Mean Return | 0.24 | Value At Risk | -5.2 | Potential Upside | 3.14 | Standard Deviation | 2.40 |
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 Trust 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 Trust 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 Trust 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 Trust'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 | 0.22 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 2.44 | |
Ir | Information ratio | 0.06 |
ProShares Trust Volatility Alert
ProShares Trust currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Trust'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 Trust'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 Trust Fundamentals Vs Peers
Comparing ProShares Trust'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 Trust's direct or indirect competition across all of the common fundamentals between ProShares Trust and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Trust or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Trust's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Trust by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares Trust to competition |
| Fundamentals | ProShares Trust | Peer Average |
| Price To Earning | 20.67 X | 3.15 X |
| Price To Book | 4.56 X | 0.39 X |
| Price To Sales | 2.92 X | 0.33 X |
| One Year Return | 11.24 % | (0.97) % |
| Three Year Return | 39.34 % | 3.23 % |
| Five Year Return | 28.44 % | 1.12 % |
| Ten Year Return | 35.19 % | 1.20 % |
| Net Asset | 1.9 B | 2.29 B |
| Equity Positions Weight | 91.76 % | 52.82 % |
ProShares Trust 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 2107.41 | |||
| Day Typical Price | 2107.41 | |||
| Price Action Indicator | 6.6 | |||
| Period Momentum Indicator | 13.19 |
About ProShares Trust Buy or Sell Advice
When is the right time to buy or sell ProShares Trust ? 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 Trust 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in ProShares Etf
When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:Check out ProShares Trust 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. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.