Proshares Nanotechnology Etf Analysis
| TINY Etf | USD 41.75 0.15 0.36% |
ProShares Nanotechnology ETF is fairly valued with Real Value of 42.43 and Hype Value of 41.79. The main objective of ProShares Nanotechnology etf analysis is to determine its intrinsic value, which is an estimate of what ProShares Nanotechnology ETF is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of ProShares Nanotechnology ETF. On the other hand, technical analysis, focuses on the price and volume data of ProShares Etf to identify patterns and trends that may indicate its future price movements.
The ProShares Nanotechnology 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 Nanotechnology 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 99.7% of assets in stocks. The index consists of companies focused on making or applying nanotechnology innovations that allow for improved products, processes, or techniques through control or measurement of material at nanoscale. Proshares Nanotechnology is traded on NYSEARCA Exchange in the United States. To find out more about ProShares Nanotechnology ETF contact the company at NA or learn more at www.180degreecapital.com.Sector Exposure
ProShares Nanotechnology ETF constituents include assets from different sectors. As a result, investing in ProShares Nanotechnology 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 Nanotechnology because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among ProShares Nanotechnology'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 Nanotechnology ETF 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 Nanotechnology 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 Nanotechnology Investment Alerts
| ProShares Nanotechnology generated a negative expected return over the last 90 days | |
| ProShares Nanotechnology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 917 K. Net Loss for the year was (20.25 M) with profit before overhead, payroll, taxes, and interest of 917 K. | |
| ProShares Nanotechnology ETF currently holds about 17.92 M in cash with (6.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. | |
| Latest headline from MacroaxisInsider: Acquisition by Bauman Phillip A of 1960 shares of ProShares Nanotechnology at 2.8595 subject to Rule 16b-3 | |
| The fund maintains 99.7% of its assets in stocks |
ProShares Nanotechnology Thematic Classifications
In addition to having ProShares Nanotechnology 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 |
ProShares Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ProShares Nanotechnology's market, we take the total number of its shares issued and multiply it by ProShares Nanotechnology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ProShares Nanotechnology ETF invests in 30 different instruments across multiple market segments that include assets with varying market capitalizations.ProShares Profitablity
The company has Profit Margin (PM) of (22.08) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (263.42) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $263.42.Management Efficiency
ProShares Nanotechnology has return on total asset (ROA) of (0.03) % which means that it has lost $0.03 on every $100 spent on assets. This is way below average. ProShares Nanotechnology's management efficiency ratios could be used to measure how well ProShares Nanotechnology manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at ProShares Nanotechnology ETF is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 3.01 | Returns 1 Y (16.83) | Total Assets 5.2 M | Yield 0.01 | Returns YTD (9.86) |
Top ProShares Nanotechnology ETF Etf Constituents
| LASR | nLIGHT Inc | Stock | |
| OXIG | Oxford Instruments PLC | Stock | |
| INTC | Intel | Stock | |
| TSEM | Tower Semiconductor | Stock | |
| ACMR | Acm Research | Stock | |
| 121600 | Advanced Nano Products | Stock | |
| NVAX | Novavax | Stock | |
| 418550 | JEIO LTD | Stock | |
| TSM | Taiwan Semiconductor Manufacturing | Stock | |
| SKYT | Skywater Technology | Stock | |
| ASML | ASML Holding NV | Stock | |
| ENTG | Entegris | Stock | |
| AMAT | Applied Materials | Stock | |
| ONTO | Onto Innovation | Stock | |
| LWLG | Lightwave Logic | Stock | |
| ACLS | Axcelis Technologies | Stock | |
| TKNO | Alpha Teknova | Stock | |
| NVDA | NVIDIA | Stock | |
| LRCX | Lam Research Corp | Stock | |
| 140860 | Parksystems Corp | Stock | |
| UCTT | Ultra Clean Holdings | Stock | |
| A | Agilent Technologies | Stock | |
| BRKR | Bruker | Stock | |
| COHR | Coherent | Stock | |
| VECO | Veeco Instruments | Stock | |
| KLAC | KLA Tencor | Stock | |
| SMHN | SSS MicroTec SE | Stock | |
| MRVI | Maravai Lifesciences Holdings | Stock |
Institutional Etf Holders for ProShares Nanotechnology
Have you ever been surprised when a price of an equity instrument such as ProShares Nanotechnology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Nanotechnology ETF backward and forwards among themselves. ProShares Nanotechnology's institutional investor refers to the entity that pools money to purchase ProShares Nanotechnology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although ProShares Nanotechnology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses. Technical Drivers
As of the 20th of March, ProShares Nanotechnology holds the Risk Adjusted Performance of (0.05), variance of 3.96, and Coefficient Of Variation of (1,708). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Nanotechnology, as well as the relationship between them.ProShares Nanotechnology Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares Nanotechnology 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 Nanotechnology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares Nanotechnology Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ProShares Nanotechnology insiders, such as employees or executives, is commonly permitted as long as it does not rely on ProShares Nanotechnology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ProShares Nanotechnology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Bauman Phillip A 2 days ago Acquisition by Bauman Phillip A of 1960 shares of ProShares Nanotechnology at 2.8595 subject to Rule 16b-3 | ||
Shanley Richard P over a week ago Acquisition by Shanley Richard P of 4666 shares of ProShares Nanotechnology at 1.9101 subject to Rule 16b-3 | ||
Rendino Kevin over three months ago Acquisition by Rendino Kevin of 18098 shares of ProShares Nanotechnology at 1.7396 subject to Rule 16b-3 | ||
Wolfe Daniel B over three months ago Disposition of 3465 shares by Wolfe Daniel B of ProShares Nanotechnology at 2.75 subject to Rule 16b-3 | ||
Jamison Douglas W over six months ago Acquisition by Jamison Douglas W of 1000 shares of ProShares Nanotechnology at 2.444 subject to Rule 16b-3 | ||
Phillip Bauman over six months ago Acquisition by Phillip Bauman of 1960 shares of ProShares Nanotechnology at 2.8595 subject to Rule 16b-3 |
ProShares Nanotechnology Outstanding Bonds
ProShares Nanotechnology 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 Nanotechnology 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 Nanotechnology ETF 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.
| US74348YAV39 Corp BondUS74348YAV39 | View | |
| PROSPECT CAP P Corp BondUS74348YDU29 | View | |
| US74348YDX67 Corp BondUS74348YDX67 | View | |
| PROSPECT CAP P Corp BondUS74348YEA55 | View | |
| US74348TAU60 Corp BondUS74348TAU60 | View | |
| US74348TAT97 Corp BondUS74348TAT97 | View | |
| US74348TAV44 Corp BondUS74348TAV44 | View | |
| PSEC 3437 15 OCT 28 Corp BondUS74348TAW27 | View |
ProShares Nanotechnology Predictive Daily Indicators
ProShares Nanotechnology 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 Nanotechnology 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 | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 41.75 | |||
| Day Typical Price | 41.75 | |||
| Price Action Indicator | 0.075 | |||
| Period Momentum Indicator | 0.15 | |||
| Relative Strength Index | 38.88 |
ProShares Nanotechnology Forecast Models
ProShares Nanotechnology's time-series forecasting models are one of many ProShares Nanotechnology'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 Nanotechnology'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 Nanotechnology 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 Nanotechnology. 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 consists of companies focused on making or applying nanotechnology innovations that allow for improved products, processes, or techniques through control or measurement of material at nanoscale. Proshares Nanotechnology is traded on NYSEARCA Exchange in the United States.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Nanotechnology ETF. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ProShares Nanotechnology 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 Nanotechnology's value that differs from its market value or its book value, called intrinsic value, which is ProShares Nanotechnology'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 Nanotechnology's market value can be influenced by many factors that don't directly affect ProShares Nanotechnology'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 Nanotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Nanotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Nanotechnology'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.