ProShares Large Financials
| CSM Etf | USD 68.08 0.25 0.37% |
Net Expense Ratio 0.0045 | 3 y Sharp Ratio 0.41 |
ProShares |
The data published in ProShares Large's official financial statements typically reflect ProShares Large's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ProShares Large's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares Large's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
ProShares Large Etf Summary
ProShares Large competes with ProShares Hedge, ProShares Ultra, ProShares Ultra, ProShares Ultra, and IQ Hedge. 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.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US74347R2489 |
| CUSIP | 74347R248 |
| Region | North America |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ProShares Large Key Financial Ratios
ProShares Financial Ratios 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.ProShares Large Cap Systematic Risk
ProShares Large's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProShares Large volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on ProShares Large Cap correlated with the market. If Beta is less than 0 ProShares Large generally moves in the opposite direction as compared to the market. If ProShares Large Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Large Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Large is generally in the same direction as the market. If Beta > 1 ProShares Large moves generally in the same direction as, but more than the movement of the benchmark.
ProShares Large Thematic Clasifications
ProShares Large Cap is part of several thematic ideas from Size And Style ETFs to Large Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasProShares Large December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares Large help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares Large Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Large Cap based on widely used predictive technical indicators. In general, we focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProShares Large's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6327 | |||
| Information Ratio | 0.0478 | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.13 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Large Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.