Proshares Sp Global Etf Analysis
ION Etf | 27.95 0.14 0.50% |
Proshares SP Global is overvalued with Real Value of 25.69 and Hype Value of 28.0. The main objective of Proshares etf analysis is to determine its intrinsic value, which is an estimate of what Proshares SP Global 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 SP Global. 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 etf is traded in the USA on NYSE ARCA 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.
Proshares |
Proshares Etf Analysis Notes
Proshares is is formed as Regulated Investment Company in the United States. ETF is managed and operated by JPMorgan Chase Bank, N.A.. The fund has 50 constituents across multiple sectors and instustries. The fund charges 0.58 percent management fee with a total expences of 0.58 percent of total asset. It is possible that Proshares SP Global etf was renamed or delisted.Sector Exposure
Proshares SP Global constituents include assets from different sectors. As a result, investing in Proshares lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in Proshares because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among Proshares' constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
Proshares SP Global manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of Proshares will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
Proshares SP Global Investment Alerts
Latest headline from finance.yahoo.com: Industry leaders convene at AVCJ Private Equity Forum 2024 in Hong Kong |
Proshares Thematic Classifications
In addition to having Proshares 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.
Strategy ETFsUSA ETFs from Strategy clasification | ||
Theme ETFsUSA ETFs from Theme clasification |
Management Efficiency
Proshares' management efficiency ratios could be used to measure how well Proshares manages its routine affairs as well as how well it operates its assets and liabilities.The management team at Proshares has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Returns 1 Y (1.95) | Total Assets 2.8 M | Yield 1.81 | Returns YTD (12.11) |
Top Proshares SP Global Etf Constituents
603799 | Zhejiang Huayou Cobalt | Stock | |
SYA | Sayona Mining | Stock | |
SSW | Sibanye Stillwater | Stock | |
NPH | Northam Platinum Holdings | Stock | |
000408 | Zangge Holding Co | Stock | |
SQM | Sociedad Quimica y | Stock | |
ERA | Eramet SA | Stock | |
ALB | Albemarle Corp | Stock | |
IGO | IGO | Stock | |
7WO0 | ARCADIUM LITHIUM PLC | Stock | |
GLEN | Glencore PLC | Stock | |
IMP | Impala Platinum Holdings | Stock | |
AMS | Anglo American Platinum | Stock | |
WES | Wesfarmers | Stock | |
ARI | African Rainbow Minerals | Stock | |
ANTM | Aneka Tambang Persero | Stock | |
002240 | Shenzhen Chengxin Lithium | Stock | |
000762 | Tibet Mineral Development | Stock | |
BHP | BHP Group Limited | Stock | |
000792 | Qinghai Salt Lake | Stock | |
LUN | Lundin Mining | Stock | |
002466 | Sichuan Tianqi Lithium | Stock | |
INCO | Vale Indonesia Tbk | Stock | |
AMG | AMG Advanced Metallurgical | Stock | |
KGH | KGHM Polska Miedz | Stock | |
002738 | Sinomine Resource Exploration | Stock | |
300750 | Contemporary Amperex Technology | Stock | |
PLS | Pilbara Minerals | Stock | |
S32 | South32 | Stock | |
VALE | Vale SA ADR | Stock | |
AAL | Anglo American PLC | Stock | |
CXO | Core Lithium | Stock | |
TINS | Timah Persero Tbk | Stock | |
FM | First Quantum Minerals | Stock | |
FNV | Franco Nevada | Stock | |
MIN | Mineral Resources | Stock |
Technical Drivers
As of the 1st of December, Proshares holds the Risk Adjusted Performance of 0.0548, coefficient of variation of 1591.33, and Semi Deviation of 2.14. Proshares SP Global technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices.Proshares SP Global Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Proshares 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 SP Global. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Proshares SP Global Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Proshares insiders, such as employees or executives, is commonly permitted as long as it does not rely on Proshares' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Proshares insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Citadel Investment Group Llc over three months ago Disposition of 906 shares by Citadel Investment Group Llc of Proshares subject to Rule 16b-3 | ||
General Electric Co over three months ago Discretionary transaction by General Electric Co of tradable shares of Proshares subject to Rule 16b-3 | ||
Reilly William K over six months ago Disposition of 2000 shares by Reilly William K of Proshares at 28.13 subject to Rule 16b-3 | ||
Citadel Investment Group Llc over six months ago Acquisition by Citadel Investment Group Llc of 15550 shares of Proshares at 1.46 subject to Rule 16b-3 |
Proshares Outstanding Bonds
Proshares 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 SP Global 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 SP Global 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.
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PROSPECT CAP P Corp BondUS74348YDU29 | View | |
US74348YDX67 Corp BondUS74348YDX67 | View |
Proshares Predictive Daily Indicators
Proshares 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 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 Forecast Models
Proshares' time-series forecasting models are one of many Proshares' 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' 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 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. By using and applying Proshares Etf analysis, traders can create a robust methodology for identifying Proshares entry and exit points for their positions.
Proshares is entity of United States. It is traded as Etf on NYSE ARCA exchange.
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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 to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Proshares SP Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Proshares SP Global 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' value that differs from its market value or its book value, called intrinsic value, which is Proshares' 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' market value can be influenced by many factors that don't directly affect Proshares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proshares' 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.