Proshares Trust Etf Alpha and Beta Analysis
| ETHD Etf | 26.63 0.92 3.58% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ProShares Trust. It also helps investors analyze the systematic and unsystematic risks associated with investing in ProShares Trust over a specified time horizon. Remember, high ProShares Trust's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ProShares Trust's market risk premium analysis include:
Beta (6.08) | Alpha (0.16) | Risk 7.96 | Sharpe Ratio (0.10) | Expected Return (0.81) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ProShares |
ProShares Trust Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ProShares Trust market risk premium is the additional return an investor will receive from holding ProShares Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ProShares Trust's performance over market.| α | -0.16 | β | -6.08 |
ProShares Trust expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ProShares Trust's Buy-and-hold return. Our buy-and-hold chart shows how ProShares Trust performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ProShares Trust Market Price Analysis
Market price analysis indicators help investors to evaluate how ProShares Trust etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProShares Trust shares will generate the highest return on investment. By understating and applying ProShares Trust etf market price indicators, traders can identify ProShares Trust position entry and exit signals to maximize returns.
ProShares Trust Return and Market Media
The median price of ProShares Trust for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 58.03 with a coefficient of variation of 24.78. The daily time series for the period is distributed with a sample standard deviation of 13.69, arithmetic mean of 55.24, and mean deviation of 10.36. The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
| ProShares Trust dividend paid on 10th of September 2024 | 09/10/2024 |
| ProShares Trust dividend paid on 8th of November 2024 | 11/08/2024 |
About ProShares Trust Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ProShares or other etfs. Alpha measures the amount that position in ProShares Trust has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProShares Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProShares Trust's short interest history, or implied volatility extrapolated from ProShares Trust options trading.
Build Portfolio with ProShares Trust
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out ProShares Trust Backtesting, Portfolio Optimization, ProShares Trust Correlation, ProShares Trust Hype Analysis, ProShares Trust Volatility, ProShares Trust History and analyze ProShares Trust Performance. For information on how to trade ProShares Etf refer to our How to Trade ProShares Etf guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
ProShares Trust technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.