ProShares Pet is trading at 53.76 as of the 25th of February 2025; that is 0.52 percent increase since the beginning of the trading day. The etf's open price was 53.48. ProShares Pet has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of November 2024 and ending today, the 25th of February 2025. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Pet Care is traded on BATS Exchange in the United States. More on ProShares Pet Care
ProShares Pet Care [PAWZ] is traded in USA and was established 2018-11-05. The fund is listed under Miscellaneous Sector category and is part of ProShares family. The entity is thematically classified as Strategy ETFs. ProShares Pet Care at this time have 114.16 M in assets. , while the total return for the last 3 years was -4.9%.
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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 Pet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether ProShares Pet Care offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Pet'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 Pet Care Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Pet Care Etf:
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The market value of ProShares Pet Care 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 Pet's value that differs from its market value or its book value, called intrinsic value, which is ProShares Pet'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 Pet's market value can be influenced by many factors that don't directly affect ProShares Pet'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 Pet's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Pet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Pet'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.