Proshares Pet Care Etf Analysis

PAWZ Etf  USD 57.35  0.16  0.28%   
ProShares Pet Care is fairly valued with Real Value of 57.46 and Hype Value of 57.19. The main objective of ProShares Pet etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Pet Care is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of ProShares Pet Care. On the other hand, technical analysis, focuses on the price and volume data of ProShares Etf to identify patterns and trends that may indicate its future price movements.
The ProShares Pet 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.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Pet Care. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing.

ProShares Etf Analysis Notes

ProShares Pet is is formed as Regulated Investment Company in the United States. ETF is managed and operated by JPMorgan. The fund has 35 constituents with avarage daily trading value of 3.3 K. The fund charges 0.5 percent management fee with a total expences of 0.5 percent of total asset. The fund maintains 99.63% of assets in stocks. ProShares Pet Care last dividend was 0.013 per share. Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Pet Care is traded on BATS Exchange in the United States. To find out more about ProShares Pet Care contact the company at NA.

ProShares Pet Care Investment Alerts

ProShares Pet Care generated a negative expected return over the last 90 days
The fund created three year return of -10.0%
ProShares Pet Care maintains 99.63% of its assets in stocks

ProShares Pet Thematic Classifications

In addition to having ProShares Pet 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.
Theme ETFs Idea
Theme ETFs
USA ETFs from Theme clasification
Strategy ETFs Idea
Strategy ETFs
USA ETFs from Strategy clasification

Management Efficiency

ProShares Pet's management efficiency ratios could be used to measure how well ProShares Pet manages its routine affairs as well as how well it operates its assets and liabilities.
Effective management at ProShares Pet has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Returns 3 Y
(9.93)
Returns 5 Y
7.24
Returns 1 Y
22.59
Total Assets
65.7 M
Yield
0.47

Top ProShares Pet Care Etf Constituents

CLColgate PalmoliveStock
CENTACentral Garden PetStock
CHWYChewy IncStock
ELANElanco Animal HealthStock
FRPTFreshpetStock
IDXXIDEXX LaboratoriesStock
MRKMerck CompanyStock
TRUPTrupanionStock
ZTSZoetis IncStock
PETQPetIQ IncStock
HSKAHeskaStock

Institutional Etf Holders for ProShares Pet

Have you ever been surprised when a price of an equity instrument such as ProShares Pet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Pet Care backward and forwards among themselves. ProShares Pet's institutional investor refers to the entity that pools money to purchase ProShares Pet'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.
TMATMain Thematic InnovationEtfGlobal Small/Mid Stock
More Details
Note, although ProShares Pet's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Technical Drivers

As of the 26th of November, ProShares Pet holds the Coefficient Of Variation of 2248.9, semi deviation of 0.7585, and Risk Adjusted Performance of 0.035. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Pet, as well as the relationship between them.

ProShares Pet Care Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Pet 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 Pet Care. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

ProShares Pet Outstanding Bonds

ProShares Pet 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 Pet Care 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 Pet Care 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.

ProShares Pet Predictive Daily Indicators

ProShares Pet 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 Pet 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.

ProShares Pet Forecast Models

ProShares Pet's time-series forecasting models are one of many ProShares Pet'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 Pet'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 Pet 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 Pet. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Pet Care is traded on BATS Exchange in the United States.

Be your own money manager

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 Pet to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Stock Tickers Now

   

Stock Tickers

Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
All  Next Launch Module
When determining whether ProShares Pet Care offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Pet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Pet Care Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Pet Care Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Pet Care. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of ProShares Pet Care 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 Pet's value that differs from its market value or its book value, called intrinsic value, which is ProShares Pet'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 Pet's market value can be influenced by many factors that don't directly affect ProShares Pet'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 Pet's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Pet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Pet'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.