Proshares Sp Global Etf Performance
| ION Etf | 26.63 0.61 2.24% |
The etf holds a Beta of -0.0287, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Proshares are expected to decrease at a much lower rate. During the bear market, Proshares is likely to outperform the market.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Proshares SP Global are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Proshares is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Proshares |
Proshares Relative Risk vs. Return Landscape
If you would invest 2,571 in Proshares SP Global on December 22, 2024 and sell it today you would earn a total of 92.20 from holding Proshares SP Global or generate 3.59% return on investment over 90 days. Proshares SP Global is generating 0.0657% of daily returns assuming volatility of 1.2676% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than Proshares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Proshares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Proshares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Proshares SP Global, and traders can use it to determine the average amount a Proshares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0518
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ION | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Proshares is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Proshares by adding it to a well-diversified portfolio.
About Proshares Performance
By examining Proshares' fundamental ratios, stakeholders can obtain critical insights into Proshares' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Proshares is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.