ProShares Russell Financial Statements From 2010 to 2024
| TMDV Etf | USD 49.51 0.00 0.00% |
Check ProShares Russell financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Russell'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 Russell Valuation or Volatility modules.
ProShares |
ProShares Russell Dividend ETF Beta Analysis
ProShares Russell'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 Russell Beta | 0.82 |
Most of ProShares Russell'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 Russell Dividend 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.
| Competition |
In accordance with the recently published financial statements, ProShares Russell Dividend has a Beta of 0.82. This is much higher than that of the ProShares family and significantly higher than that of the Mid-Cap Value category. The beta for all United States etfs is notably lower than that of the firm.
About ProShares Russell Financial Statements
ProShares Russell investors use historical fundamental indicators, such as ProShares Russell's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ProShares Russell. Please read more on our technical analysis and fundamental analysis pages.
The index, constructed and maintained by FTSE International Limited, targets companies that are currently members of the Russell 3000 Index, have increased dividend payments each year for at least 35 years, and meet certain liquidity requirements. Russell US is traded on BATS Exchange in the United States.
Thematic Opportunities
Explore Investment Opportunities
Check out the analysis of ProShares Russell Correlation against competitors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of ProShares Russell 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is ProShares Russell'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 Russell's market value can be influenced by many factors that don't directly affect ProShares Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Russell'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.