Proshares Trust Etf Analysis
| ETHD Etf | 21.08 4.70 18.23% |
ProShares Trust is fairly valued with Real Value of 20.66 and Hype Value of 21.08. The main objective of ProShares Trust etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Trust is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
The ProShares Trust etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ProShares Trust's ongoing operational relationships across important fundamental and technical indicators.
ProShares |
ProShares Etf Analysis Notes
ProShares Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by JPMorgan Chase Bank, N.A.. The fund has null constituents across multiple sectors and instustries. The fund charges 0.95 percent management fee with a total expences of 1.01 percent of total asset. It is possible that ProShares Trust etf was renamed or delisted.ProShares Trust Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ProShares Trust's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares Trust or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| ProShares Trust generated a negative expected return over the last 90 days | |
| ProShares Trust has high historical volatility and very poor performance | |
| On 8th of November 2024 ProShares Trust paid 0.872 per share dividend to its current shareholders |
ProShares Trust Thematic Classifications
In addition to having ProShares Trust etf in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Technical Drivers
As of the 28th of November, ProShares Trust holds the Variance of 66.38, coefficient of variation of (982.64), and Risk Adjusted Performance of (0.07). Our technical analysis interface allows you to check existing technical drivers of ProShares Trust, as well as the relationship between them. Please check ProShares Trust variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if ProShares Trust is priced some-what accurately, providing market reflects its current price of 21.08 per share.ProShares Trust Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Trust middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ProShares Trust. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares Trust Predictive Daily Indicators
ProShares Trust intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProShares Trust etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 27025.75 | |||
| Daily Balance Of Power | (2.22) | |||
| Rate Of Daily Change | 0.82 | |||
| Day Median Price | 22.13 | |||
| Day Typical Price | 21.78 | |||
| Price Action Indicator | (3.40) | |||
| Period Momentum Indicator | (4.70) | |||
| Relative Strength Index | 30.15 |
ProShares Trust Forecast Models
ProShares Trust's time-series forecasting models are one of many ProShares Trust's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProShares Trust's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ProShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how ProShares Trust prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ProShares Trust. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
ProShares Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ProShares Trust to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade ProShares Etf refer to our How to Trade ProShares Etf guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.