Objective longshort Report - Stock Traders Daily
CTEX Etf | USD 22.85 0.23 1.02% |
Slightly above 51% of ProShares' investors are presently thinking to get in. The current sentiment regarding investing in ProShares SP Kensho etf implies that some traders are interested. ProShares' investing sentiment can be driven by a variety of factors including economic data, ProShares' earnings reports, geopolitical events, and overall market trends.
ProShares |
Objective longshort Report Stock Traders Daily
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ProShares Fundamental Analysis
We analyze ProShares' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares 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.
Three Year Return
Three Year Return Comparative Analysis
ProShares is currently under evaluation in three year return as compared to similar ETFs. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
ProShares SP Kensho Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares etf to make a market-neutral strategy. Peer analysis of ProShares could also be used in its relative valuation, which is a method of valuing ProShares by comparing valuation metrics with similar companies.
Peers
ProShares Related Equities
FRNW | Fidelity Covington | 0.95 | ||||
TINT | ProShares Smart | 0.64 | ||||
OND | ProShares | 0.58 | ||||
DAT | ProShares Big | 0.26 | ||||
MAKX | ProShares | 0.26 |
Check out ProShares Hype Analysis, ProShares Correlation and ProShares Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of ProShares SP Kensho 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.