Proshares Sp 500 Etf Performance
| SPXN Etf | USD 63.74 0.13 0.20% |
The etf holds a Beta of 0.79, 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
9 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 9 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, ProShares is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 11/15/2024 |
| In Threey Sharp Ratio | 0.38 |
ProShares |
ProShares Relative Risk vs. Return Landscape
If you would invest 5,993 in ProShares SP 500 on August 28, 2024 and sell it today you would earn a total of 381.00 from holding ProShares SP 500 or generate 6.36% return on investment over 90 days. ProShares SP 500 is currently generating 0.0996% in daily expected returns and assumes 0.8072% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% 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 |
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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 = 0.1233
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ProShares is performing at about 9% 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.
ProShares Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares, and ProShares 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 | 20.01 X | |||
| Price To Book | 3.38 X | |||
| Price To Sales | 1.80 X | |||
| Total Asset | 7.95 M | |||
About ProShares Performance
By examining ProShares' fundamental ratios, stakeholders can obtain critical insights into ProShares' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ProShares is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. SP 500 is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily | |
| The fund maintains 99.67% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of ProShares SP 500 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.