Proshares Short 7 10 Etf Profile

TBX Etf  USD 29.39  0.12  0.41%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
ProShares Short is trading at 29.39 as of the 28th of November 2024; that is 0.41% down since the beginning of the trading day. The etf's open price was 29.51. ProShares Short has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ProShares Short 7 10 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Short 7 is traded on NYSEARCA Exchange in the United States. More on ProShares Short 7 10

Moving together with ProShares Etf

  0.98TBT ProShares UltraShortPairCorr
  0.98TMV Direxion Daily 20PairCorr
  0.98TBF ProShares Short 20PairCorr
  1.0PST ProShares UltraShort Potential GrowthPairCorr
  1.0TYO Direxion Daily 7PairCorr
  0.83SHLD Global X FundsPairCorr

Moving against ProShares Etf

  0.96MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.93KO Coca Cola Sell-off TrendPairCorr
  0.87FNGD MicroSectors FANG IndexPairCorr
  0.81JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.57SMI VanEck Vectors ETFPairCorr
  0.56HUM Humana Inc Fiscal Year End 23rd of January 2025 PairCorr

ProShares Etf Highlights

Thematic IdeaTreasury ETFs (View all Themes)
Old Names[Tick Trading Software Aktiengesellschaft, tick Trading Software AG, TBX]
Business ConcentrationHNX Manufacturing, HNX MidSmall Cap, HNX, Treasury ETFs, Trading--Inverse Debt, ProShares (View all Sectors)
IssuerProShares
Inception Date2011-04-04
BenchmarkICE U.S. Treasury 7-10 Year Bond Index
Entity TypeRegulated Investment Company
Asset Under Management15.48 Million
Average Trading Valume17,744.2
Asset TypeFixed Income
CategoryU.S. Government
FocusTreasury
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichelle Liu, Jeffrey Ploshnick
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents22.0
Market MakerIMC
Total Expense0.98
Management Fee0.75
Country NameUSA
Returns Y T D6.31
NameProShares Short 7-10 Year Treasury
Currency CodeUSD
Open FigiBBG001LWLBP8
In Threey Volatility8.82
1y Volatility8.77
200 Day M A29.325
50 Day M A29.0124
CodeTBX
Updated At27th of November 2024
Currency NameUS Dollar
ProShares Short 7 10 [TBX] is traded in USA and was established 2011-04-04. The fund is classified under Trading--Inverse Debt category within ProShares family. The entity is thematically classified as Treasury ETFs. ProShares Short 7 at this time have 173.97 M in assets. , while the total return for the last 3 years was 9.3%.
Check ProShares Short Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Short 7 10 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

ProShares Short Top Holders

CAPTXCanterbury Portfolio ThermostatMutual FundTactical Allocation
More Details

ProShares Short 7 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 Short. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares Short Against Markets

When determining whether ProShares Short 7 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Short'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 Short 7 10 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Short 7 10 Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Short 7 10. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of ProShares Short 7 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.