ProShares Trust Competition

DXD Etf  MXN 503.50  0.00  0.00%   
ProShares Trust competes with ProShares Trust, ProShares Trust, ProShares Trust, ProShares Trust, and ProShares Trust; as well as few others. Analyzing ProShares Trust competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of ProShares Trust to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out ProShares Trust Correlation with its peers.
For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of ProShares Trust competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
501.75503.50505.25
Details
Intrinsic
Valuation
LowRealHigh
463.99465.74553.85
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Naive
Forecast
LowNextHigh
517.31519.06520.81
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
491.54522.40553.26
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ProShares Trust Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ProShares Trust and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of ProShares and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ProShares Trust does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPMCRM
CRMT
JPMT
CRMMETA
MRKA
TMETA
  
High negative correlations   
MRKJPM
MRKCRM
MRKT
XOMMSFT
TUBER
CRMUBER

ProShares Trust Competition Risk-Adjusted Indicators

There is a big difference between ProShares Etf performing well and ProShares Trust ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ProShares Trust's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.15  0.21  0.11  0.55  1.25 
 3.22 
 8.02 
MSFT  0.84  0.02 (0.01) 0.12  1.45 
 1.83 
 8.14 
UBER  1.83 (0.28) 0.00 (0.13) 0.00 
 2.69 
 20.41 
F  1.36 (0.13)(0.04) 0.00  2.10 
 2.53 
 11.21 
T  0.97  0.15  0.06  2.52  1.02 
 2.36 
 6.74 
A  1.22  0.00 (0.04) 0.09  1.46 
 2.71 
 9.02 
CRM  1.47  0.40  0.29  0.38  1.04 
 3.59 
 13.87 
JPM  1.01  0.08  0.13  0.13  0.94 
 1.73 
 15.87 
MRK  0.96 (0.20) 0.00 (0.82) 0.00 
 2.00 
 5.18 
XOM  0.89 (0.02)(0.07) 0.02  1.18 
 1.83 
 6.06 

ProShares Trust Competitive Analysis

The better you understand ProShares Trust competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ProShares Trust's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ProShares Trust's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
DXD DDM UWM URE PSQ DIG QLD DOG UYG
 0.00 
 503.50 
ProShares
 0.00 
 2,117 
ProShares
 0.00 
 1,000.00 
ProShares
 0.00 
 1,500 
ProShares
 0.00 
 750.00 
ProShares
 2.09 
 796.31 
ProShares
 0.70 
 2,338 
ProShares
 1.36 
 520.00 
ProShares
 0.00 
 1,978 
ProShares
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
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(Equity Enterprise Value)
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(Average Analysts Consensus)
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(90 Days Macroaxis Advice)
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Price To Earning
Day Typical Price
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Relative Strength Index
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

ProShares Trust Competition Performance Charts

Five steps to successful analysis of ProShares Trust Competition

ProShares Trust's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ProShares Trust in relation to its competition. ProShares Trust's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of ProShares Trust in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ProShares Trust's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ProShares Trust, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your ProShares Trust position

In addition to having ProShares Trust in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Agency Mbs ETFs
Agency Mbs ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Agency Mbs ETFs theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Agency Mbs ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ProShares Etf

When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust'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 Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:
Check out ProShares Trust Correlation with its peers.
For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.