ProShares Online Three Year Return vs. Net Asset
ONLN Etf | USD 44.69 0.25 0.56% |
For ProShares Online profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ProShares Online to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ProShares Online Retail utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ProShares Online's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ProShares Online Retail over time as well as its relative position and ranking within its peers.
ProShares |
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.