Proshares Global Listed Etf Performance
| PEX Etf | USD 28.84 0.17 0.59% |
The etf holds a Beta of 0.67, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ProShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares Global is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Global Listed are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong technical and fundamental indicators, ProShares Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Can ETFs Capture Private Equity Markets - ETF Trends | 09/05/2024 |
2 | Peel Mining Full Year 2024 Earnings AU0.005 loss per share | 09/27/2024 |
3 | Disposition of 189500 shares by Deutsche Bank Ag of ProShares Global at 7.77 subject to Rule 16b-3 | 09/30/2024 |
4 | KraneShares launches US equity ETF modelled on private equity buyouts - ETF Strategy | 10/09/2024 |
5 | Disposition of tradable shares by Van Nostrand Robert L of ProShares Global subject to Rule 16b-3 | 10/11/2024 |
6 | Aduro Clean Technologies and GF Building Flow Solutions Americas Sign MOU to Advance Circular Solutions for Crosslinked Polyethylene Waste | 11/12/2024 |
| In Threey Sharp Ratio | -0.13 |
ProShares |
ProShares Global Relative Risk vs. Return Landscape
If you would invest 2,795 in ProShares Global Listed on August 30, 2024 and sell it today you would earn a total of 89.00 from holding ProShares Global Listed or generate 3.18% return on investment over 90 days. ProShares Global Listed is generating 0.0525% of daily returns assuming volatility of 0.7456% on return distribution over 90 days investment horizon. In other words, 6% 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 Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Global Listed, and traders can use it to determine the average amount a ProShares Global'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 = 0.0704
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average ProShares Global is performing at about 5% 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 Global by adding it to a well-diversified portfolio.
ProShares Global Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Global, and ProShares Global 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 | 16.27 X | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 1.06 X | |||
| Total Asset | 10.56 M | |||
About ProShares Global Performance
Evaluating ProShares Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ProShares Global 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 Global 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 index consists of up to 30 qualifying listed private equity companies. Global Listed is traded on BATS Exchange in the United States.| Latest headline from finance.yahoo.com: Aduro Clean Technologies and GF Building Flow Solutions Americas Sign MOU to Advance Circular Solutions for Crosslinked Polyethylene Waste | |
| The fund maintains 81.49% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Global Listed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of ProShares Global Listed 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 Global's value that differs from its market value or its book value, called intrinsic value, which is ProShares Global'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 Global's market value can be influenced by many factors that don't directly affect ProShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Global'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.