Proshares Smart Materials Etf Analysis
| TINT Etf | USD 30.96 0.08 0.26% |
ProShares Smart Materials is fairly valued with Real Value of 31.42 and Hype Value of 31.03. The main objective of ProShares Smart etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Smart Materials is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
The ProShares Smart etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
ProShares |
ProShares Etf Analysis Notes
ProShares Smart is is formed as Regulated Investment Company in the United States. ETF is managed and operated by J.P. Morgan Chase Bank, N.A.. The fund has 31 constituents across multiple sectors and instustries. The fund charges 0.58 percent management fee with a total expences of 0.58 percent of total asset. The fund maintains 99.63% of assets in stocks. The index selects companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials. Proshares Smart is traded on NYSEARCA Exchange in the United States. To find out more about ProShares Smart Materials contact the company at NA.Sector Exposure
ProShares Smart Materials constituents include assets from different sectors. As a result, investing in ProShares Smart lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in ProShares Smart because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among ProShares Smart's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
ProShares Smart Materials manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of ProShares Smart will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
ProShares Smart Materials Investment Alerts
| ProShares Smart generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Learn to Evaluate using the Charts - Stock Traders Daily | |
| The fund created three year return of -8.0% | |
| ProShares Smart Materials maintains 99.63% of its assets in stocks |
ProShares Smart Thematic Classifications
In addition to having ProShares Smart etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Strategy ETFsUSA ETFs from Strategy clasification | |
| Theme ETFsUSA ETFs from Theme clasification |
Management Efficiency
ProShares Smart's management efficiency ratios could be used to measure how well ProShares Smart manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at ProShares Smart Materials is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y (7.76) | Returns 1 Y (0.05) | Total Assets 1.6 M | Yield 1.39 | Returns YTD (7.45) |
Top ProShares Smart Materials Etf Constituents
| GLW | Corning Incorporated | Stock | |
| NGVT | Ingevity Corp | Stock | |
| HXL | Hexcel | Stock | |
| CBT | Cabot | Stock | |
| MRK | Merck Company | Stock | |
| AKE | Arkema SA | Stock | |
| SIKA | Sika AG | Stock | |
| AMAT | Applied Materials | Stock | |
| HIMX | Himax Technologies | Stock | |
| CC | Chemours Co | Stock | |
| PFE | Pfizer Inc | Stock | |
| CSTM | Constellium Nv | Stock | |
| 010060 | OCI Co | Stock | |
| PPG | PPG Industries | Stock | |
| AKZA | Akzo Nobel NV | Stock | |
| 034220 | LG Display | Stock | |
| SOLB | Solvay SA | Stock | |
| 336370 | Solus Advanced Materials | Stock | |
| 108320 | LX Semicon Co | Stock | |
| FSLR | First Solar | Stock | |
| 014680 | Hansol Chemica | Stock | |
| AXTA | Axalta Coating Systems | Stock | |
| OLED | Universal Display | Stock | |
| 272290 | INNOX Advanced Materials | Stock | |
| MMM | 3M Company | Stock | |
| MRN | Mersen SA | Stock | |
| 036930 | JUSUNG ENGINEERING Co | Stock |
Technical Drivers
As of the 11th of December 2024, ProShares Smart holds the Variance of 0.9437, coefficient of variation of (4,519), and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Smart, as well as the relationship between them.ProShares Smart Materials Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Smart middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ProShares Smart Materials. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares Smart Outstanding Bonds
ProShares Smart issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProShares Smart Materials uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProShares bonds can be classified according to their maturity, which is the date when ProShares Smart Materials has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US74348YAV39 Corp BondUS74348YAV39 | View | |
| PROSPECT CAP P Corp BondUS74348YDU29 | View |
ProShares Smart Predictive Daily Indicators
ProShares Smart intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProShares Smart etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 30.96 | |||
| Day Typical Price | 30.96 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.08) | |||
| Relative Strength Index | 45.44 |
ProShares Smart Forecast Models
ProShares Smart's time-series forecasting models are one of many ProShares Smart's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProShares Smart's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ProShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how ProShares Smart prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ProShares Smart. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
The index selects companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials. Proshares Smart is traded on NYSEARCA Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ProShares Smart to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Smart Materials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of ProShares Smart Materials 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 Smart's value that differs from its market value or its book value, called intrinsic value, which is ProShares Smart'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 Smart's market value can be influenced by many factors that don't directly affect ProShares Smart'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 Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Smart'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.