Where are the Opportunities in - Stock Traders Daily
HYHG Etf | USD 65.48 0.03 0.05% |
Roughly 56% of ProShares High's investor base is looking to short. The current sentiment regarding investing in ProShares High YieldInterest etf implies that many traders are alarmed. The current market sentiment, together with ProShares High's historical and current headlines, can help investors time the market. In addition, many technical investors use ProShares High Yield etf news signals to limit their universe of possible portfolio assets.
ProShares High etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of ProShares daily returns and investor perception about the current price of ProShares High YieldInterest as well as its diversification or hedging effects on your existing portfolios.
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Where are the Opportunities in Stock Traders Daily
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ProShares High Fundamental Analysis
We analyze ProShares High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares High 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.
One Year Return
One Year Return Comparative Analysis
ProShares High is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
ProShares High Yield Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares High etf to make a market-neutral strategy. Peer analysis of ProShares High could also be used in its relative valuation, which is a method of valuing ProShares High by comparing valuation metrics with similar companies.
Peers
ProShares High Related Equities
EMHY | IShares JP | 0.69 | ||||
HYGH | IShares Interest | 0.42 | ||||
HYZD | WisdomTree Interest | 0.27 | ||||
HYLS | First Trust | 0.02 | ||||
IGHG | ProShares Investment | 0.33 |
Check out ProShares High Hype Analysis, ProShares High Correlation and ProShares High Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of ProShares High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is ProShares High'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 High's market value can be influenced by many factors that don't directly affect ProShares High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares High'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.