ProShares Global Price To Book vs. Five Year Return
| PEX Etf | USD 28.91 0.14 0.48% |
For ProShares Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ProShares Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ProShares Global Listed utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ProShares Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ProShares Global Listed over time as well as its relative position and ranking within its peers.
ProShares |
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.
ProShares Global Listed Five Year Return vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Global's current stock value. Our valuation model uses many indicators to compare ProShares Global value to that of its competitors to determine the firm's financial worth. ProShares Global Listed is rated number one ETF in price to book as compared to similar ETFs. It also is rated number one ETF in five year return as compared to similar ETFs reporting about 6.53 of Five Year Return per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares Global's earnings, one of the primary drivers of an investment's value.ProShares Five Year Return vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
ProShares Global |
| = | 0.95 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
ProShares Global |
| = | 6.20 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
ProShares Five Year Return Comparison
ProShares Global is currently under evaluation in five year return as compared to similar ETFs.
ProShares Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ProShares Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ProShares Global will eventually generate negative long term returns. The profitability progress is the general direction of ProShares Global's change in net profit over the period of time. It can combine multiple indicators of ProShares Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The index consists of up to 30 qualifying listed private equity companies. Global Listed is traded on BATS Exchange in the United States.
ProShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ProShares Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ProShares Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ProShares Global's important profitability drivers and their relationship over time.
Use ProShares Global in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares Global will appreciate offsetting losses from the drop in the long position's value.ProShares Global Pair Trading
ProShares Global Listed Pair Trading Analysis
The ability to find closely correlated positions to ProShares Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares Global Listed to buy it.
The correlation of ProShares Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Global Listed moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ProShares Global position
In addition to having ProShares Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Your Equity Center. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
To fully project ProShares Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ProShares Global Listed at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ProShares Global's income statement, its balance sheet, and the statement of cash flows.