ProShares VIX Financials
| VIXM Etf | USD 14.23 0.04 0.28% |
Net Expense Ratio 0.0094 | 3 y Sharp Ratio (1.29) |
ProShares |
The data published in ProShares VIX's official financial statements typically reflect ProShares VIX'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 VIX's quantitative information. For example, before you start analyzing numbers published by ProShares accountants, it's essential to understand ProShares VIX's liquidity, profitability, and earnings quality within the context of the ProShares space in which it operates.
ProShares VIX Etf Summary
ProShares VIX competes with IPath Series, ProShares VIX, ProShares Short, ProShares Ultra, and ProShares UltraPro. The fund seeks to meet its investment objective, by taking long positions in VIX futures contracts. Trust VIX is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US74347W3381 |
| CUSIP | 74347W338 74347W684 |
| Region | North America |
| Investment Issuer | ProShares |
| Etf Family | ProShares |
| Fund Category | Absolute Returns |
| Portfolio Concentration | Volatility |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ProShares VIX Key Financial Ratios
ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares VIX's current stock value. Our valuation model uses many indicators to compare ProShares VIX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares VIX competition to find correlations between indicators driving ProShares VIX's intrinsic value. More Info.ProShares VIX Mid Term is rated first in beta as compared to similar ETFs. It is rated fifth in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares VIX 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 VIX Mid Systematic Risk
ProShares VIX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProShares VIX 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 output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on ProShares VIX Mid correlated with the market. If Beta is less than 0 ProShares VIX generally moves in the opposite direction as compared to the market. If ProShares VIX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares VIX Mid is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares VIX is generally in the same direction as the market. If Beta > 1 ProShares VIX moves generally in the same direction as, but more than the movement of the benchmark.
ProShares VIX Thematic Clasifications
ProShares VIX Mid Term is part of several thematic ideas from Absolute Returns ETFs to Volatility 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 VIX December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares VIX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares VIX Mid Term. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares VIX Mid Term 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 VIX's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.62 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.32 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares VIX Mid Term. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of ProShares VIX Mid 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 VIX's value that differs from its market value or its book value, called intrinsic value, which is ProShares VIX'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 VIX's market value can be influenced by many factors that don't directly affect ProShares VIX'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 VIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares VIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares VIX'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.