Proshares Nasdaq 100 High Etf Performance
| IQQQ Etf | 43.23 0.40 0.93% |
The etf holds a Beta of 0.9, which implies possible diversification benefits within a given portfolio. ProShares Nasdaq returns are very sensitive to returns on the market. As the market goes up or down, ProShares Nasdaq is expected to follow.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Nasdaq 100 High are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady basic indicators, ProShares Nasdaq may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Watch Bloomberg ETF IQ 09162024 - Bloomberg | 09/16/2024 |
2 | Watch Bloomberg ETF IQ 11112024 - Bloomberg - Bloomberg | 11/11/2024 |
ProShares |
ProShares Nasdaq Relative Risk vs. Return Landscape
If you would invest 3,916 in ProShares Nasdaq 100 High on September 3, 2024 and sell it today you would earn a total of 407.00 from holding ProShares Nasdaq 100 High or generate 10.39% return on investment over 90 days. ProShares Nasdaq 100 High is currently generating 0.1595% in daily expected returns and assumes 0.9923% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than ProShares, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ProShares Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Nasdaq 100 High, and traders can use it to determine the average amount a ProShares Nasdaq's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1607
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ProShares Nasdaq is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares Nasdaq by adding it to a well-diversified portfolio.
About ProShares Nasdaq Performance
Assessing ProShares Nasdaq's fundamental ratios provides investors with valuable insights into ProShares Nasdaq's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ProShares Nasdaq is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
ProShares Nasdaq is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from news.google.com: Watch Bloomberg ETF IQ 11112024 - Bloomberg - Bloomberg |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Nasdaq 100 High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of ProShares Nasdaq 100 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is ProShares Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect ProShares Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Nasdaq'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.