Proshares Online Retail Etf Market Value

ONLN Etf  USD 45.22  1.34  2.88%   
ProShares Online's market value is the price at which a share of ProShares Online trades on a public exchange. It measures the collective expectations of ProShares Online Retail investors about its performance. ProShares Online is selling at 45.22 as of the 4th of March 2025; that is 2.88 percent decrease since the beginning of the trading day. The etf's open price was 46.56.
With this module, you can estimate the performance of a buy and hold strategy of ProShares Online Retail and determine expected loss or profit from investing in ProShares Online over a given investment horizon. Check out ProShares Online Correlation, ProShares Online Volatility and ProShares Online Alpha and Beta module to complement your research on ProShares Online.
Symbol

The market value of ProShares Online Retail 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 Online's value that differs from its market value or its book value, called intrinsic value, which is ProShares Online'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 Online's market value can be influenced by many factors that don't directly affect ProShares Online'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 Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Online'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.

ProShares Online 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ProShares Online's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ProShares Online.
0.00
02/02/2025
No Change 0.00  0.0 
In 31 days
03/04/2025
0.00
If you would invest  0.00  in ProShares Online on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding ProShares Online Retail or generate 0.0% return on investment in ProShares Online over 30 days. ProShares Online is related to or competes with Amplify Online, ProShares Long, Global X, WisdomTree Cloud, and Global X. Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the ... More

ProShares Online Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ProShares Online's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ProShares Online Retail upside and downside potential and time the market with a certain degree of confidence.

ProShares Online Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Online's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ProShares Online's standard deviation. In reality, there are many statistical measures that can use ProShares Online historical prices to predict the future ProShares Online's volatility.
Hype
Prediction
LowEstimatedHigh
43.7345.2346.73
Details
Intrinsic
Valuation
LowRealHigh
44.4145.9147.41
Details
Naive
Forecast
LowNextHigh
42.8344.3445.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
46.0348.9451.85
Details

ProShares Online Retail Backtested Returns

ProShares Online Retail maintains Sharpe Ratio (i.e., Efficiency) of -0.0325, which implies the entity had a -0.0325 % return per unit of risk over the last 3 months. ProShares Online Retail exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares Online's Risk Adjusted Performance of 0.0194, coefficient of variation of 5170.77, and Semi Deviation of 1.52 to confirm the risk estimate we provide. The etf holds a Beta of 0.71, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ProShares Online's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProShares Online is expected to be smaller as well.

Auto-correlation

    
  -0.45  

Modest reverse predictability

ProShares Online Retail has modest reverse predictability. Overlapping area represents the amount of predictability between ProShares Online time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ProShares Online Retail price movement. The serial correlation of -0.45 indicates that just about 45.0% of current ProShares Online price fluctuation can be explain by its past prices.
Correlation Coefficient-0.45
Spearman Rank Test-0.36
Residual Average0.0
Price Variance3.01

ProShares Online Retail lagged returns against current returns

Autocorrelation, which is ProShares Online etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ProShares Online's etf expected returns. We can calculate the autocorrelation of ProShares Online returns to help us make a trade decision. For example, suppose you find that ProShares Online has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

ProShares Online regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ProShares Online etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ProShares Online etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ProShares Online etf over time.
   Current vs Lagged Prices   
       Timeline  

ProShares Online Lagged Returns

When evaluating ProShares Online's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ProShares Online etf have on its future price. ProShares Online autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ProShares Online autocorrelation shows the relationship between ProShares Online etf current value and its past values and can show if there is a momentum factor associated with investing in ProShares Online Retail.
   Regressed Prices   
       Timeline  

Pair Trading with ProShares Online

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares Online position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares Online will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ProShares Online could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares Online when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares Online - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares Online Retail to buy it.
The correlation of ProShares Online is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares Online moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Online Retail moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares Online can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ProShares Online Retail offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Online'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 Online Retail Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Online Retail Etf:
Check out ProShares Online Correlation, ProShares Online Volatility and ProShares Online Alpha and Beta module to complement your research on ProShares Online.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
ProShares Online technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of ProShares Online technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProShares Online trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...