Proshares Long Onlineshort Etf Performance
| CLIX Etf | USD 46.40 0.51 1.09% |
The etf holds a Beta of 0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ProShares Long's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares Long is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Long OnlineShort are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating forward indicators, ProShares Long may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 11/19/2024 |
| In Threey Sharp Ratio | -0.48 |
ProShares |
ProShares Long Relative Risk vs. Return Landscape
If you would invest 4,198 in ProShares Long OnlineShort on August 30, 2024 and sell it today you would earn a total of 442.00 from holding ProShares Long OnlineShort or generate 10.53% return on investment over 90 days. ProShares Long OnlineShort is currently generating 0.1648% in daily expected returns and assumes 1.0806% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than ProShares, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ProShares Long Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Long's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Long OnlineShort, and traders can use it to determine the average amount a ProShares Long'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 = 0.1525
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average ProShares Long is performing at about 12% of its full potential. 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 Long by adding it to a well-diversified portfolio.
ProShares Long Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Long, and ProShares Long 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.
| Total Asset | 16.27 M | |||
About ProShares Long Performance
Evaluating ProShares Long's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ProShares Long 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 Long 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.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. Long OnlineShort is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| ProShares Long Onlin created five year return of 0.0% | |
| This fund holds 99.63% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Long OnlineShort. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of ProShares Long Onlin 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 Long's value that differs from its market value or its book value, called intrinsic value, which is ProShares Long'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 Long's market value can be influenced by many factors that don't directly affect ProShares Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Long'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.