ProShares Financials
We recommend to use ProShares fundamental analysis to find out if markets are presently mispricing the entity. Put it differently you can utilize it to find out if ProShares is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have analyzed and interpolated ten available financial ratios for ProShares, which can be compared to its competitors.
ProShares |
The data published in ProShares' official financial statements usually reflect ProShares' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ProShares. For example, before you start analyzing numbers published by ProShares accountants, it's critical to develop an understanding of what ProShares' liquidity, profitability, and earnings quality are in the context of the ProShares space in which it operates.
Please note, the presentation of ProShares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProShares' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ProShares' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ProShares. Please utilize our Beneish M Score to check the likelihood of ProShares' management manipulating its earnings.
ProShares Etf Summary
ProShares competes with ProShares UltraShort. The investment seeks daily investment results, before fees and expenses, that correspond to two times the daily performance of the NYSE Arca Gold Miners Index. ProShares Ultra is traded on BATS Exchange in USA.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | ProShares |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | NYSE Composite |
| Phone | 866 776 5125 |
| Currency | USD - US Dollar |
You should never invest in ProShares without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ProShares Etf, because this is throwing your money away. Analyzing the key information contained in ProShares' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ProShares Key Financial Ratios
Generally speaking, ProShares' financial ratios allow both analysts and investors to convert raw data from ProShares' financial statements into concise, actionable information that can be used to evaluate the performance of ProShares over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ProShares reports annually and quarterly.ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares's current stock value. Our valuation model uses many indicators to compare ProShares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares competition to find correlations between indicators driving ProShares's intrinsic value. More Info.ProShares is one of the top ETFs in price to earning as compared to similar ETFs. It is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares is roughly 19.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ProShares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ProShares' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares' earnings, one of the primary drivers of an investment's value.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Tools for ProShares Etf
When running ProShares' price analysis, check to measure ProShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares is operating at the current time. Most of ProShares' value examination focuses on studying past and present price action to predict the probability of ProShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares' price. Additionally, you may evaluate how the addition of ProShares to your portfolios can decrease your overall portfolio volatility.
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