ProShares Large Financial Statements From 2010 to 2024
| CSM Etf | USD 68.08 0.25 0.37% |
Check ProShares Large financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Large's main balance sheet or income statement drivers, such as , as well as many indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares Large Valuation or Volatility modules.
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ProShares Large Cap ETF Beta Analysis
ProShares Large's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current ProShares Large Beta | 1.02 |
Most of ProShares Large's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares Large Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, ProShares Large Cap has a Beta of 1.02. This is much higher than that of the ProShares family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
ProShares Large Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Large's current stock value. Our valuation model uses many indicators to compare ProShares Large value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Large competition to find correlations between indicators driving ProShares Large's intrinsic value. More Info.ProShares Large Cap is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Large Cap is roughly 7.37 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Large by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About ProShares Large Financial Statements
ProShares Large investors utilize fundamental indicators, such as revenue or net income, to predict how ProShares Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. Large Cap is traded on BATS Exchange in the United States.
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The market value of ProShares Large Cap 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 Large's value that differs from its market value or its book value, called intrinsic value, which is ProShares Large'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 Large's market value can be influenced by many factors that don't directly affect ProShares Large'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 Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Large'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.