Proshares Online Retail Etf Performance
| ONLN Etf | USD 46.28 0.10 0.22% |
The etf holds a Beta of 0.86, which implies possible diversification benefits within a given portfolio. ProShares Online returns are very sensitive to returns on the market. As the market goes up or down, ProShares Online is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Online Retail are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very weak essential indicators, ProShares Online displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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ProShares |
ProShares Online Relative Risk vs. Return Landscape
If you would invest 3,967 in ProShares Online Retail on September 2, 2024 and sell it today you would earn a total of 661.00 from holding ProShares Online Retail or generate 16.66% return on investment over 90 days. ProShares Online Retail is currently generating 0.249% in daily expected returns and assumes 1.2718% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than ProShares, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ProShares Online Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Online's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Online Retail, and traders can use it to determine the average amount a ProShares Online'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 = 0.1958
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average ProShares Online is performing at about 15% 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 Online by adding it to a well-diversified portfolio.
ProShares Online Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Online, and ProShares Online fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ProShares Etf performance.
| Total Asset | 130.31 M | |||
About ProShares Online Performance
By examining ProShares Online's fundamental ratios, stakeholders can obtain critical insights into ProShares Online's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ProShares Online is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Online Retail is traded on NYSEARCA Exchange in the United States.| Latest headline from thelincolnianonline.com: ProShares Online Retail ETF Stock Price Down 0.6 percent Whats Next | |
| The fund created three year return of -10.0% | |
| ProShares Online Retail maintains 99.87% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Online Retail. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of ProShares Online Retail 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 Online's value that differs from its market value or its book value, called intrinsic value, which is ProShares Online'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 Online's market value can be influenced by many factors that don't directly affect ProShares Online'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 Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Online'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.