Proshares Sp 500 Etf Performance
| ISPY Etf | 45.44 0.18 0.40% |
The etf holds a Beta of 0.74, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ProShares' returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ProShares SP 500 are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent basic indicators, ProShares may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | ProShares Launches Russell 2000 High Income ETF IQQQ Stock News - StockTitan | 09/05/2024 |
ProShares |
ProShares Relative Risk vs. Return Landscape
If you would invest 4,265 in ProShares SP 500 on August 27, 2024 and sell it today you would earn a total of 279.00 from holding ProShares SP 500 or generate 6.54% return on investment over 90 days. ProShares SP 500 is currently generating 0.1016% in daily expected returns and assumes 0.7223% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than ProShares, and 98% 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 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares SP 500, and traders can use it to determine the average amount a ProShares' 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 = 0.1407
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average ProShares is performing at about 11% 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 by adding it to a well-diversified portfolio.
About ProShares Performance
Evaluating ProShares' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ProShares 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 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.
ProShares is entity of United States. It is traded as Etf on BATS exchange.