Proshares Decline Of Etf Market Value
| EMTY Etf | USD 13.03 0.33 2.47% |
| Symbol | ProShares |
The market value of ProShares Decline 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 Decline's value that differs from its market value or its book value, called intrinsic value, which is ProShares Decline'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 Decline's market value can be influenced by many factors that don't directly affect ProShares Decline'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 Decline's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Decline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Decline'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.
ProShares Decline 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ProShares Decline's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ProShares Decline.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in ProShares Decline on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding ProShares Decline of or generate 0.0% return on investment in ProShares Decline over 720 days. ProShares Decline is related to or competes with ProShares Long, ProShares Short, ProShares Short, ProShares Short, and ProShares Short. The fund invests in financial instruments that the Advisor believes, in combination, should produce daily returns consis... More
ProShares Decline Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ProShares Decline's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ProShares Decline of upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.55 |
ProShares Decline Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Decline's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ProShares Decline's standard deviation. In reality, there are many statistical measures that can use ProShares Decline historical prices to predict the future ProShares Decline's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | 0.0222 | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.0901 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares Decline's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ProShares Decline Backtested Returns
ProShares Decline maintains Sharpe Ratio (i.e., Efficiency) of -0.025, which implies the entity had a -0.025% return per unit of risk over the last 3 months. ProShares Decline exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares Decline's Risk Adjusted Performance of (0.04), variance of 1.06, and Coefficient Of Variation of (1,866) to confirm the risk estimate we provide. The etf holds a Beta of -0.72, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ProShares Decline are expected to decrease at a much lower rate. During the bear market, ProShares Decline is likely to outperform the market.
Auto-correlation | -0.35 |
Poor reverse predictability
ProShares Decline of has poor reverse predictability. Overlapping area represents the amount of predictability between ProShares Decline time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ProShares Decline price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current ProShares Decline price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
ProShares Decline lagged returns against current returns
Autocorrelation, which is ProShares Decline etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ProShares Decline's etf expected returns. We can calculate the autocorrelation of ProShares Decline returns to help us make a trade decision. For example, suppose you find that ProShares Decline has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ProShares Decline regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ProShares Decline etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ProShares Decline etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ProShares Decline etf over time.
Current vs Lagged Prices |
| Timeline |
ProShares Decline Lagged Returns
When evaluating ProShares Decline's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ProShares Decline etf have on its future price. ProShares Decline autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ProShares Decline autocorrelation shows the relationship between ProShares Decline etf current value and its past values and can show if there is a momentum factor associated with investing in ProShares Decline of.
Regressed Prices |
| Timeline |
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 Decline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Decline'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 Decline Of Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Decline Of Etf:Check out ProShares Decline Correlation, ProShares Decline Volatility and ProShares Decline Alpha and Beta module to complement your research on ProShares Decline. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
ProShares Decline technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.