Procure Space ETF Short Interest Up 18.2 percent in January
UFO Etf | USD 22.88 0.65 2.92% |
About 55% of Procure Space's investors are presently thinking to get in. The current sentiment regarding investing in Procure Space ETF etf implies that some traders are interested. Procure Space's investing sentiment overview a quick insight into current market opportunities from investing in Procure Space ETF. Many technical investors use Procure Space ETF etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Procure |
Procure Space ETF was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,300 shares, an increase of 18.2 percent from the January 15th total of 1,100 shares. Based on an average daily volume of 6,300 shares,
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Procure Space Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Procure Space can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Procure Space Fundamental Analysis
We analyze Procure Space's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Procure Space using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Procure Space 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.
Last Dividend Paid
Last Dividend Paid Comparative Analysis
Procure Space is currently under evaluation in last dividend paid as compared to similar ETFs. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Procure Space ETF 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 Procure Space etf to make a market-neutral strategy. Peer analysis of Procure Space could also be used in its relative valuation, which is a method of valuing Procure Space by comparing valuation metrics with similar companies.
Peers
Procure Space Related Equities
IRDM | Iridium Communications | 3.27 | ||||
ROKT | SPDR SP | 1.83 | ||||
ARKX | ARK Space | 1.73 | ||||
PRNT | 3D Printing | 1.02 |
Check out Procure Space Hype Analysis, Procure Space Correlation and Procure Space 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 Procure Space ETF is measured differently than its book value, which is the value of Procure that is recorded on the company's balance sheet. Investors also form their own opinion of Procure Space's value that differs from its market value or its book value, called intrinsic value, which is Procure Space'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 Procure Space's market value can be influenced by many factors that don't directly affect Procure Space'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 Procure Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Procure Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procure Space'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.