Proshares Trust Etf Performance
| BITI Etf | USD 22.90 0.25 1.08% |
The etf holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ProShares Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares Trust is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ProShares Trust has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, ProShares Trust is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | Disposition of 4250 shares by Stack David M of ProShares Trust at 5.0 subject to Rule 16b-3 | 11/25/2024 |
2 | Technical Data - Stock Traders Daily | 12/02/2024 |
3 | Disposition of 4250 shares by Stack David M of ProShares Trust at 6.9766 subject to Rule 16b-3 | 01/13/2025 |
4 | Short Bitcoin Strategy ETF declares monthly distribution of 0.0251 | 02/03/2025 |
ProShares |
ProShares Trust Relative Risk vs. Return Landscape
If you would invest 2,470 in ProShares Trust on November 18, 2024 and sell it today you would lose (180.00) from holding ProShares Trust or give up 7.29% of portfolio value over 90 days. ProShares Trust is currently does not generate positive expected returns and assumes 2.9043% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of etfs are less volatile than ProShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ProShares Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Trust , and traders can use it to determine the average amount a ProShares Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0284
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| Negative Returns | BITI |
Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Trust is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares Trust by adding ProShares Trust to a well-diversified portfolio.
ProShares Trust Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Trust, and ProShares Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ProShares Etf performance.
| Return On Asset | -0.24 | |||
| Profit Margin | (7.58) % | |||
| Operating Margin | (7.40) % | |||
| Current Valuation | 190.18 M | |||
| Shares Outstanding | 978.25 M | |||
| Price To Earning | (4.13) X | |||
| Price To Book | 252.86 X | |||
| Price To Sales | 79.98 X | |||
| Revenue | 3.74 M | |||
| Cash And Equivalents | 46.76 M | |||
| Cash Per Share | 6.23 X | |||
| Total Debt | 20.69 M | |||
| Debt To Equity | 0.22 % | |||
| Cash Flow From Operations | (30.26 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 143.7 M | |||
| Retained Earnings | (182.52 M) | |||
| Current Asset | 80.06 M | |||
| Current Liabilities | 4.99 M | |||
About ProShares Trust Performance
By evaluating ProShares Trust's fundamental ratios, stakeholders can gain valuable insights into ProShares Trust's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ProShares Trust has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ProShares Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Biotie Therapies Corporation, a biopharmaceutical company, primarily focuses on developing and selling therapeutics for central nervous system disorders in Finland and the United States.| ProShares Trust generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 3.74 M. Net Loss for the year was (28.32 M) with profit before overhead, payroll, taxes, and interest of 3.74 M. | |
| ProShares Trust currently holds about 46.76 M in cash with (30.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.23. | |
| Latest headline from seekingalpha.com: Short Bitcoin Strategy ETF declares monthly distribution of 0.0251 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.