Proshares Msci Europe Etf Fundamentals
| EUDV Etf | USD 47.75 0.06 0.13% |
ProShares MSCI Europe fundamentals help investors to digest information that contributes to ProShares MSCI's 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 MSCI's 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 MSCI etf.
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ProShares MSCI Europe ETF Beta Analysis
ProShares MSCI's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current ProShares MSCI Beta | 1.0 |
Most of ProShares MSCI's fundamental indicators, such as Beta, 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 MSCI Europe is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, ProShares MSCI Europe has a Beta of 1.0. This is much higher than that of the ProShares family and significantly higher than that of the Europe Stock category. The beta for all United States etfs is notably lower than that of the firm.
ProShares MSCI Europe Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares MSCI's current stock value. Our valuation model uses many indicators to compare ProShares MSCI value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares MSCI competition to find correlations between indicators driving ProShares MSCI's intrinsic value. More Info.ProShares MSCI Europe is rated # 2 ETF in price to earning as compared to similar ETFs. It also is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares MSCI Europe is roughly 5.43 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares MSCI by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ProShares Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares MSCI's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares MSCI could also be used in its relative valuation, which is a method of valuing ProShares MSCI by comparing valuation metrics of similar companies.ProShares MSCI is rated # 2 ETF in beta as compared to similar ETFs.
Fund Asset Allocation for ProShares MSCI
The fund invests 99.17% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides ProShares MSCI's 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 MSCI returns are very sensitive to returns on the market. As the market goes up or down, ProShares MSCI is expected to follow.
ProShares Fundamentals
| Price To Earning | 17.42 X | |||
| Price To Book | 3.21 X | |||
| Price To Sales | 1.69 X | |||
| Number Of Employees | 385 | |||
| Beta | 1.0 | |||
| Total Asset | 8.68 M | |||
| One Year Return | 10.60 % | |||
| Three Year Return | (2.20) % | |||
| Five Year Return | 4.40 % | |||
| Net Asset | 8.68 M | |||
| Last Dividend Paid | 0.064 | |||
| Equity Positions Weight | 99.17 % |
About ProShares MSCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares MSCI Europe's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares MSCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares MSCI Europe 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.The fund will invest at least 80 percent of its total assets in component securities of the index. MSCI Europe is traded on BATS Exchange in the United States.
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Check out ProShares MSCI Piotroski F Score and ProShares MSCI Altman Z Score analysis. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of ProShares MSCI Europe 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is ProShares MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect ProShares MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares MSCI'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.