Proshares Trust Etf Fundamentals
| DDM Etf | MXN 2,117 0.00 0.00% |
ProShares Trust fundamentals help investors to digest information that contributes to ProShares Trust's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProShares Trust etf.
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ProShares Trust ETF Price To Earning Analysis
ProShares Trust's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current ProShares Trust Price To Earning | 18.73 X |
Most of ProShares Trust's fundamental indicators, such as Price To Earning, 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 Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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ProShares Trust Price To Earning Component Assessment
Based on the latest financial disclosure, ProShares Trust has a Price To Earning of 18.73 times. This is 239.31% higher than that of the ProShares family and about the same as Family (which currently averages 18.93333333) category. The price to earning for all Mexico etfs is notably lower than that of the firm.
ProShares Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Trust's current stock value. Our valuation model uses many indicators to compare ProShares Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Trust competition to find correlations between indicators driving ProShares Trust's intrinsic value. More Info.ProShares Trust is rated below average in price to earning as compared to similar ETFs. It is rated # 3 ETF in price to book as compared to similar ETFs fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Trust is roughly 5.91 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ProShares Trust by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ProShares Trust's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.ProShares Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares Trust's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares Trust could also be used in its relative valuation, which is a method of valuing ProShares Trust by comparing valuation metrics of similar companies.ProShares Trust is rated # 5 ETF in price to earning as compared to similar ETFs.
Fund Asset Allocation for ProShares Trust
The fund consists of 88.31% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides ProShares Trust's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ProShares Fundamentals
| Price To Earning | 18.73 X | |||
| Price To Book | 3.17 X | |||
| Price To Sales | 1.83 X | |||
| Number Of Employees | 10 | |||
| Total Asset | 273.28 M | |||
| One Year Return | (22.51) % | |||
| Three Year Return | 6.81 % | |||
| Five Year Return | 9.46 % | |||
| Ten Year Return | 18.58 % | |||
| Net Asset | 273.28 M | |||
| Equity Positions Weight | 88.31 % |
About ProShares Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Trust 's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. PROSHARES TRUST is traded on Mexico Stock Exchange in Mexico.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in ProShares Etf
When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.