Proshares Merger Etf Analysis
MRGR Etf | USD 42.02 0.06 0.14% |
ProShares Merger ETF is fairly valued with Real Value of 41.98 and Hype Value of 42.02. The main objective of ProShares Merger etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Merger ETF is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
The ProShares Merger etf is traded in the USA on BATS 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.
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ProShares Etf Analysis Notes
ProShares Merger is is formed as Regulated Investment Company in the United States. ETF is managed and operated by J.P. Morgan Investor Services Co.. The fund has 116 constituents with avarage daily trading value of 923. The fund charges 0.75 percent management fee with a total expences of 1.45 percent of total asset. The fund last dividend was 0.216 per share. The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. Merger ETF is traded on BATS Exchange in the United States. To find out more about ProShares Merger ETF contact the company at NA.Sector Exposure
ProShares Merger ETF constituents include assets from different sectors. As a result, investing in ProShares Merger lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in ProShares Merger because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among ProShares Merger's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
ProShares Merger ETF manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of ProShares Merger will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
ProShares Merger Thematic Classifications
In addition to having ProShares Merger 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.
Long/short ETFsUSA ETFs from Long/short clasification | ||
Strategy ETFsUSA ETFs from Strategy clasification |
Management Efficiency
ProShares Merger's management efficiency ratios could be used to measure how well ProShares Merger manages its routine affairs as well as how well it operates its assets and liabilities.At ProShares Merger ETF, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Returns 3 Y 1.63 | Returns 5 Y 2.98 | Returns 1 Y 7.45 | Total Assets 10.5 M | Yield 1.77 |
Top ProShares Merger ETF Etf Constituents
G | Genpact Limited | Stock | |
STC | Stewart Information Services | Stock | |
CZR | Caesars Entertainment | Stock | |
OROVF | Orient Overseas Limited | Pink Sheet |
Institutional Etf Holders for ProShares Merger
Have you ever been surprised when a price of an equity instrument such as ProShares Merger is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Merger ETF backward and forwards among themselves. ProShares Merger's institutional investor refers to the entity that pools money to purchase ProShares Merger's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
ALTS | ALT5 Sigma | Etf | Health Care |
Technical Drivers
As of the 28th of November, ProShares Merger holds the Semi Deviation of 0.1961, coefficient of variation of 1016.86, and Risk Adjusted Performance of 0.0506. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Merger, as well as the relationship between them. Please check ProShares Merger ETF standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if ProShares Merger ETF is priced some-what accurately, providing market reflects its current price of 42.02 per share.ProShares Merger ETF Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Merger 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 Merger ETF. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares Merger Outstanding Bonds
ProShares Merger issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProShares Merger ETF uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProShares bonds can be classified according to their maturity, which is the date when ProShares Merger ETF has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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ProShares Merger Predictive Daily Indicators
ProShares Merger 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 Merger 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.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 42.02 | |||
Day Typical Price | 42.02 | |||
Price Action Indicator | (0.03) | |||
Period Momentum Indicator | (0.06) |
ProShares Merger Forecast Models
ProShares Merger's time-series forecasting models are one of many ProShares Merger'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 Merger'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 Merger 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 Merger. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. Merger ETF is traded on BATS Exchange in the United States.
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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 Merger to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Merger ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of ProShares Merger ETF 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 Merger's value that differs from its market value or its book value, called intrinsic value, which is ProShares Merger'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 Merger's market value can be influenced by many factors that don't directly affect ProShares Merger'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 Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Merger'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.