Proshares Pet Care Etf Alpha and Beta Analysis
| PAWZ Etf | USD 56.64 0.85 1.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ProShares Pet Care. It also helps investors analyze the systematic and unsystematic risks associated with investing in ProShares Pet over a specified time horizon. Remember, high ProShares Pet's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ProShares Pet's market risk premium analysis include:
Beta 0.2 | Alpha (0.03) | Risk 0.89 | Sharpe Ratio (0.01) | Expected Return (0.01) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ProShares |
ProShares Pet Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ProShares Pet market risk premium is the additional return an investor will receive from holding ProShares Pet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Pet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ProShares Pet's performance over market.| α | -0.03 | β | 0.20 |
ProShares Pet expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ProShares Pet's Buy-and-hold return. Our buy-and-hold chart shows how ProShares Pet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ProShares Pet Market Price Analysis
Market price analysis indicators help investors to evaluate how ProShares Pet etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProShares Pet shares will generate the highest return on investment. By understating and applying ProShares Pet etf market price indicators, traders can identify ProShares Pet position entry and exit signals to maximize returns.
ProShares Pet Return and Market Media
The median price of ProShares Pet for the period between Sun, Nov 3, 2024 and Sat, Feb 1, 2025 is 56.14 with a coefficient of variation of 1.96. The daily time series for the period is distributed with a sample standard deviation of 1.1, arithmetic mean of 55.89, and mean deviation of 0.93. The Etf received some media coverage during the period.About ProShares Pet Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ProShares or other etfs. Alpha measures the amount that position in ProShares Pet Care has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProShares Pet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProShares Pet's short interest history, or implied volatility extrapolated from ProShares Pet options trading.
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Check out ProShares Pet Backtesting, Portfolio Optimization, ProShares Pet Correlation, ProShares Pet Hype Analysis, ProShares Pet Volatility, ProShares Pet History and analyze ProShares Pet Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
ProShares Pet technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.