Proshares Sp 500 Etf Alpha and Beta Analysis
| NOBL Etf | USD 106.34 1.26 1.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ProShares SP 500. It also helps investors analyze the systematic and unsystematic risks associated with investing in ProShares over a specified time horizon. Remember, high ProShares' 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' market risk premium analysis include:
Beta 0.58 | Alpha (0) | Risk 0.59 | Sharpe Ratio 0.0809 | Expected Return 0.0474 |
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 Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ProShares market risk premium is the additional return an investor will receive from holding ProShares 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. 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' performance over market.| α | -0.0043 | β | 0.58 |
ProShares 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' Buy-and-hold return. Our buy-and-hold chart shows how ProShares performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ProShares Market Price Analysis
Market price analysis indicators help investors to evaluate how ProShares 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 shares will generate the highest return on investment. By understating and applying ProShares etf market price indicators, traders can identify ProShares position entry and exit signals to maximize returns.
ProShares Return and Market Media
The median price of ProShares for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 105.35 with a coefficient of variation of 1.4. The daily time series for the period is distributed with a sample standard deviation of 1.47, arithmetic mean of 105.06, and mean deviation of 1.18. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Tersigni Anthony R of 1250 shares of ProShares at 6.64 subject to Rule 16b-3 | 08/30/2024 |
2 | Disposition of 5000 shares by Hansen Jay J of ProShares at 28.1555 subject to Rule 16b-3 | 09/06/2024 |
3 | ProShares SP 500 Aristocrats ETF Shares Acquired by SkyOak Wealth LLC | 09/18/2024 |
4 | Acquisition by Greenbaum Stuart I of 333 shares of ProShares subject to Rule 16b-3 | 09/20/2024 |
5 | Disposition of 4000 shares by Azar Michael C of ProShares at 28.55 subject to Rule 16b-3 | 09/24/2024 |
6 | West Coast Financial LLC Decreases Position in ProShares SP 500 Aristocrats ETF | 10/11/2024 |
7 | ProShares SP 500 Aristocrats ETF Shares Sold by Aspect Partners LLC | 10/15/2024 |
8 | M3 Advisory Group LLC Buys 530 Shares of ProShares SP 500 Aristocrats ETF | 10/18/2024 |
9 | Echo Wealth Management LLC Sells 1,640 Shares of ProShares SP 500 Aristocrats ETF | 10/21/2024 |
10 | ProShares SP 500 Aristocrats ETF Shares Sold by Cozad Asset Management Inc. | 11/07/2024 |
11 | Darwin Wealth Management LLC Has 790,000 Position in ProShares SP 500 Aristocrats ETF | 11/20/2024 |
About ProShares 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 SP 500 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 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' short interest history, or implied volatility extrapolated from ProShares options trading.
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Check out ProShares Backtesting, Portfolio Optimization, ProShares Correlation, ProShares Hype Analysis, ProShares Volatility, ProShares History and analyze ProShares Performance. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
ProShares 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.