ProShares Online Financials
| ONLN Etf | USD 46.28 0.10 0.22% |
Net Expense Ratio 0.0058 |
ProShares |
The data published in ProShares Online's official financial statements typically reflect ProShares Online's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ProShares Online's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares Online's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
ProShares Online Etf Summary
ProShares Online competes with Amplify Online, ProShares Long, Global X, WisdomTree Cloud, and Global X. Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Online Retail is traded on NYSEARCA Exchange in the United States.ProShares Online Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Online's current stock value. Our valuation model uses many indicators to compare ProShares Online value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Online competition to find correlations between indicators driving ProShares Online's intrinsic value. More Info.ProShares Online Retail is rated number one ETF in beta as compared to similar ETFs. It is regarded fourth largest ETF in one year return as compared to similar ETFs reporting about 26.67 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares Online's earnings, one of the primary drivers of an investment's value.ProShares Online Retail Systematic Risk
ProShares Online's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProShares Online volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on ProShares Online Retail correlated with the market. If Beta is less than 0 ProShares Online generally moves in the opposite direction as compared to the market. If ProShares Online Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Online Retail is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Online is generally in the same direction as the market. If Beta > 1 ProShares Online moves generally in the same direction as, but more than the movement of the benchmark.
ProShares Online Thematic Clasifications
ProShares Online Retail is part of several thematic ideas from Strategy ETFs to Theme ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasProShares Online December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares Online help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares Online Retail. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Online Retail based on widely used predictive technical indicators. In general, we focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProShares Online's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.0972 | |||
| Maximum Drawdown | 5.36 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.82 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Online Retail. 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 economic analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of ProShares Online Retail 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 Online's value that differs from its market value or its book value, called intrinsic value, which is ProShares Online'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 Online's market value can be influenced by many factors that don't directly affect ProShares Online'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 Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Online'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.