ProShares Hedge Financials
| HDG Etf | USD 49.67 0.24 0.49% |
Net Expense Ratio 0.0095 | 3 y Sharp Ratio (0.26) |
ProShares |
The data published in ProShares Hedge's official financial statements typically reflect ProShares Hedge'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 Hedge's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares Hedge's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
ProShares Hedge Etf Summary
ProShares Hedge competes with ProShares Merger, IQ Hedge, ProShares Large, IQ Merger, and ProShares Inflation. The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. Hedge Replication is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US74347X2945 |
| CUSIP | 74347X294 |
| Region | Global |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | Absolute Returns |
| Portfolio Concentration | Global Macro |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ProShares Hedge Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Hedge's current stock value. Our valuation model uses many indicators to compare ProShares Hedge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Hedge competition to find correlations between indicators driving ProShares Hedge's intrinsic value. More Info.ProShares Hedge Replication is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Hedge Replication is roughly 10.48 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Hedge 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 Hedge Repl Systematic Risk
ProShares Hedge's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProShares Hedge 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 Hedge Repl correlated with the market. If Beta is less than 0 ProShares Hedge generally moves in the opposite direction as compared to the market. If ProShares Hedge Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Hedge Repl is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Hedge is generally in the same direction as the market. If Beta > 1 ProShares Hedge moves generally in the same direction as, but more than the movement of the benchmark.
About ProShares Hedge Financials
What exactly are ProShares Hedge Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include ProShares Hedge's income statement, its balance sheet, and the statement of cash flows. Potential ProShares Hedge investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ProShares Hedge investors may use each financial statement separately, they are all related. The changes in ProShares Hedge's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ProShares Hedge's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.ProShares Hedge Thematic Clasifications
ProShares Hedge Replication is part of several thematic ideas from Global Macro ETFs to Absolute Returns 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 Hedge March 25, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares Hedge help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares Hedge Replication. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Hedge Replication 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 Hedge's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0577 | |||
| Maximum Drawdown | 1.41 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.426 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Hedge Replication. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of ProShares Hedge Repl 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 Hedge's value that differs from its market value or its book value, called intrinsic value, which is ProShares Hedge'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 Hedge's market value can be influenced by many factors that don't directly affect ProShares Hedge'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 Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Hedge'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.