Proshares Equities For Etf Net Asset
| EQRR Etf | USD 62.51 0.41 0.66% |
ProShares Equities for fundamentals help investors to digest information that contributes to ProShares Equities' financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares Equities' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProShares Equities etf.
ProShares |
ProShares Equities for ETF Net Asset Analysis
ProShares Equities' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current ProShares Equities Net Asset | 69.65 M |
Most of ProShares Equities' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares Equities for is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, ProShares Equities for has a Net Asset of 69.65 M. This is 39.91% lower than that of the ProShares family and significantly higher than that of the Large Value category. The net asset for all United States etfs is 96.96% higher than that of the company.
ProShares Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares Equities' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares Equities could also be used in its relative valuation, which is a method of valuing ProShares Equities by comparing valuation metrics of similar companies.ProShares Equities is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for ProShares Equities
The fund invests 99.88% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides ProShares Equities' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ProShares Fundamentals
| Number Of Employees | 553 | |||
| Beta | 1.01 | |||
| Total Asset | 69.65 M | |||
| One Year Return | 26.70 % | |||
| Three Year Return | 9.20 % | |||
| Five Year Return | 11.00 % | |||
| Net Asset | 69.65 M | |||
| Last Dividend Paid | 0.17 | |||
| Equity Positions Weight | 99.88 % |
About ProShares Equities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Equities for's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Equities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Equities for based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ProShares Equities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares Equities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares Equities will appreciate offsetting losses from the drop in the long position's value.Moving together with ProShares Etf
| 0.88 | VTV | Vanguard Value Index | PairCorr |
| 0.9 | VYM | Vanguard High Dividend | PairCorr |
| 0.92 | IWD | iShares Russell 1000 | PairCorr |
| 0.84 | DGRO | iShares Core Dividend | PairCorr |
| 0.9 | IVE | iShares SP 500 | PairCorr |
Moving against ProShares Etf
The ability to find closely correlated positions to ProShares Equities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares Equities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares Equities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares Equities for to buy it.
The correlation of ProShares Equities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares Equities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Equities for moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares Equities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ProShares Equities Piotroski F Score and ProShares Equities Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of ProShares Equities for 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 Equities' value that differs from its market value or its book value, called intrinsic value, which is ProShares Equities' 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 Equities' market value can be influenced by many factors that don't directly affect ProShares Equities' 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 Equities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Equities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Equities' 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.