Proshares Global Listed Etf Beta
| PEX Etf | USD 29.09 0.25 0.87% |
ProShares Global Listed fundamentals help investors to digest information that contributes to ProShares Global'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 Global'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 Global etf.
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ProShares Global Listed ETF Beta Analysis
ProShares Global'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 Global Beta | 1.08 |
Most of ProShares Global'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 Global Listed 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 Global Listed has a Beta of 1.08. This is much higher than that of the ProShares family and significantly higher than that of the Miscellaneous Sector category. The beta for all United States etfs is notably lower than that of the firm.
ProShares Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares Global'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 Global could also be used in its relative valuation, which is a method of valuing ProShares Global by comparing valuation metrics of similar companies.ProShares Global is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for ProShares Global
The fund consists of 81.49% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides ProShares Global'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 Global returns are very sensitive to returns on the market. As the market goes up or down, ProShares Global is expected to follow.
ProShares Fundamentals
| Price To Earning | 16.27 X | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 1.06 X | |||
| Beta | 1.08 | |||
| Total Asset | 10.56 M | |||
| One Year Return | 21.40 % | |||
| Three Year Return | 2.70 % | |||
| Five Year Return | 6.30 % | |||
| Ten Year Return | 6.40 % | |||
| Net Asset | 10.56 M | |||
| Last Dividend Paid | 0.18 | |||
| Equity Positions Weight | 81.49 % |
About ProShares Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Global Listed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Global Listed 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ProShares Global Listed offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Global Listed Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Global Listed Etf:Check out ProShares Global Piotroski F Score and ProShares Global Altman Z Score analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of ProShares Global Listed 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 Global's value that differs from its market value or its book value, called intrinsic value, which is ProShares Global'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 Global's market value can be influenced by many factors that don't directly affect ProShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Global'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.