ProShares Trust (Mexico) Performance
| QLD Etf | MXN 1,356 20.00 1.50% |
The etf holds a Beta of -0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ProShares Trust are expected to decrease at a much lower rate. During the bear market, ProShares Trust is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ProShares Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental indicators, ProShares Trust is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 1,259.00 | |
| Fifty Two Week High | 2,010.00 |
ProShares |
ProShares Trust Relative Risk vs. Return Landscape
If you would invest 139,500 in ProShares Trust on January 25, 2024 and sell it today you would lose (3,900) from holding ProShares Trust or give up 2.8% of portfolio value over 90 days. ProShares Trust is producing return of less than zero assuming 2.1339% volatility of returns over the 90 days investment horizon. Simply put, 18% of all etfs have less volatile historical return distribution than ProShares Trust, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ProShares Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Trust , and traders can use it to determine the average amount a ProShares Trust's 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 = -0.0117
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| Negative Returns | QLD |
Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Trust is not performing at its full potential. However, 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 Trust by adding ProShares Trust to a well-diversified portfolio.
ProShares Trust Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Trust, and ProShares Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ProShares Etf performance.
| Price To Earning | 20.67 X | |||
| Price To Book | 4.56 X | |||
| Price To Sales | 2.92 X | |||
| Total Asset | 1.9 B | |||
About ProShares Trust Performance
To evaluate ProShares Trust Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ProShares Trust generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ProShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ProShares Trust market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ProShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The investment seeks daily investment results, before fees and expenses, that correspond to two times the daily performance of the NASDAQ-100 Index. PROSHARES TRUST is traded on Mexico Stock Exchange in Mexico.| ProShares Trust generated a negative expected return over the last 90 days | |
| The fund maintains 91.76% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Trust . Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the ProShares Trust information on this page should be used as a complementary analysis to other ProShares Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.