Proshares Hedge Replication Etf Performance
| HDG Etf | USD 50.31 0.05 0.1% |
The etf holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ProShares Hedge's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares Hedge is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Hedge Replication are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental indicators, ProShares Hedge is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Trading Report - Stock Traders Daily | 09/13/2024 |
| In Threey Sharp Ratio | -0.49 |
ProShares |
ProShares Hedge Relative Risk vs. Return Landscape
If you would invest 4,938 in ProShares Hedge Replication on August 27, 2024 and sell it today you would earn a total of 93.00 from holding ProShares Hedge Replication or generate 1.88% return on investment over 90 days. ProShares Hedge Replication is generating 0.0299% of daily returns assuming volatility of 0.3757% on return distribution over 90 days investment horizon. In other words, 3% of etfs are less volatile than ProShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ProShares Hedge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Hedge's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Hedge Replication, and traders can use it to determine the average amount a ProShares Hedge'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 = 0.0795
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HDG |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ProShares Hedge is performing at about 6% 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 Hedge by adding it to a well-diversified portfolio.
ProShares Hedge Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Hedge, and ProShares Hedge 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.
| Price To Earning | 20.43 X | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 1.18 X | |||
| Total Asset | 39.91 M | |||
About ProShares Hedge Performance
By analyzing ProShares Hedge's fundamental ratios, stakeholders can gain valuable insights into ProShares Hedge's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ProShares Hedge 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 Hedge has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. Hedge Replication is traded on NYSEARCA Exchange in the United States.