Redwood Scientific Technologies Inc. , a pharmaceutical company, today announced a strategic shift in its product development priorities
TBX Etf | USD 29.72 0.01 0.03% |
Slightly above 55% of ProShares Short's investor base is interested to short. The current sentiment regarding investing in ProShares Short 7 10 etf implies that many traders are impartial. ProShares Short's investing sentiment can be driven by a variety of factors including economic data, ProShares Short's earnings reports, geopolitical events, and overall market trends.
ProShares |
Redwood Scientific Technologies Inc. , a pharmaceutical company, today announced a strategic shift in its product development priorities. The New York-based firm will only focus on enhancing and expanding its nicotine replacement therapy products, specifically TBX-FREE and TBX VAPE-FREE.
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ProShares Short Fundamental Analysis
We analyze ProShares Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Short using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Short 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.
Five Year Return
Five Year Return Comparative Analysis
ProShares Short is currently under evaluation in five year return as compared to similar ETFs. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
ProShares Short 7 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 Short etf to make a market-neutral strategy. Peer analysis of ProShares Short could also be used in its relative valuation, which is a method of valuing ProShares Short by comparing valuation metrics with similar companies.
Peers
ProShares Short Related Equities
DRV | Direxion Daily | 1.79 | ||||
TMF | Direxion Daily | 0.81 | ||||
EDZ | Direxion Daily | 0.36 | ||||
TYO | Direxion Daily | 0.21 | ||||
TYD | Direxion Daily | 0.04 |
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The market value of ProShares Short 7 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.