Proshares Trust Etf Profile
BETE Etf | 86.02 5.75 7.16% |
Performance16 of 100
| Odds Of DistressLess than 9
|
ProShares Trust is trading at 86.02 as of the 28th of November 2024, a 7.16 percent up since the beginning of the trading day. The etf's lowest day price was 84.3. ProShares Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for ProShares Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
ProShares Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on ProShares Trust
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ProShares Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Alternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors) |
Issuer | ProShares |
Inception Date | 2023-10-02 |
Entity Type | Regluated Investment Company |
Asset Under Management | 10.4 Million |
Asset Type | Currency |
Category | Alternative Currency |
Focus | Cryptocurrency |
Market Concentration | Blended Development |
Region | Global |
Administrator | JPMorgan Chase Bank, N.A. |
Advisor | ProShare Advisors LLC |
Custodian | JPMorgan Chase Bank, N.A. |
Distributor | SEI Investments Distribution Co. |
Portfolio Manager | Alexander Ilyasov, George Banian |
Transfer Agent | JPMorgan Chase Bank, N.A. |
Fiscal Year End | 31-May |
Exchange | NYSE Arca, Inc. |
Market Maker | Jane Street |
Total Expense | 1.01 |
Management Fee | 0.95 |
200 Day M A | 69.4953 |
Country Name | USA |
50 Day M A | 64.4446 |
Code | BETE |
Updated At | 27th of November 2024 |
Returns Y T D | 66.57 |
Name | ProShares Trust |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01JLGN2B6 |
Type | ETF |
1y Volatility | 60.65 |
ProShares Trust [BETE] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. ProShares Trust currently have in assets under management (AUM). with the current yeild of 0.01%, while the total return for the last year was 79.7%.
Check ProShares Trust Probability Of Bankruptcy
ProShares Trust Risk Profiles
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 Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1135 | |||
Jensen Alpha | 0.1607 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.1302 |
ProShares Trust Against Markets
Check out Trending Equities 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 estimate. For information on how to trade ProShares Etf refer to our How to Trade ProShares Etf guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.