Proshares Metaverse Etf Buy Hold or Sell Recommendation
| VERS Etf | USD 45.59 0.96 2.15% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ProShares Metaverse ETF is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares Metaverse ETF given historical horizon and risk tolerance towards ProShares Metaverse. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares Metaverse ETF, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ProShares Metaverse 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 Metaverse ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
ProShares |
Execute ProShares Metaverse 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 Metaverse ETF. Macroaxis does not own or have any residual interests in ProShares Metaverse ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Metaverse's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
ProShares Metaverse Trading Alerts and Improvement Suggestions
| 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 Returns Distribution Density
The distribution of ProShares Metaverse's historical returns is an attempt to chart the uncertainty of ProShares Metaverse's future price movements. The chart of the probability distribution of ProShares Metaverse daily returns describes the distribution of returns around its average expected value. We use ProShares Metaverse ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Metaverse returns is essential to provide solid investment advice for ProShares Metaverse.
| Mean Return | 0.12 | Value At Risk | -1.77 | Potential Upside | 1.89 | Standard Deviation | 1.21 |
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 Metaverse 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 Metaverse 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 Metaverse 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 Metaverse'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 | -0.03 | |
β | Beta against Dow Jones | 1.12 | |
σ | Overall volatility | 1.17 | |
Ir | Information ratio | -0.01 |
ProShares Metaverse Volatility Alert
ProShares Metaverse ETF has relatively low volatility with skewness of -0.45 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 Metaverse'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 Metaverse'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 Metaverse Fundamentals Vs Peers
Comparing ProShares Metaverse'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 Metaverse's direct or indirect competition across all of the common fundamentals between ProShares Metaverse and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Metaverse or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Metaverse's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Metaverse by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares Metaverse to competition |
| Fundamentals | ProShares Metaverse | Peer Average |
| Price To Book | 0.24 X | 0.39 X |
| One Year Return | 20.60 % | (0.97) % |
| Net Asset | 5.66 M | 2.29 B |
| Equity Positions Weight | 99.92 % | 52.82 % |
ProShares Metaverse 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 Metaverse Buy or Sell Advice
When is the right time to buy or sell ProShares Metaverse ETF? 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.
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In addition to having ProShares Metaverse 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?
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Check out ProShares Metaverse 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.