ProShares Trust Financials
| TWM Etf | MXN 194.36 0.00 0.00% |
ProShares |
The data published in ProShares Trust's official financial statements usually reflect ProShares Trust's 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 Trust. For example, before you start analyzing numbers published by ProShares accountants, it's critical to develop an understanding of what ProShares Trust's liquidity, profitability, and earnings quality are in the context of the ProShares space in which it operates.
Please note, the presentation of ProShares Trust's 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 Trust's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ProShares Trust's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ProShares Trust . Please utilize our Beneish M Score to check the likelihood of ProShares Trust's management manipulating its earnings.
ProShares Trust Etf Summary
ProShares Trust competes with Vanguard Index, and Vanguard International. The investment seeks daily investment results that correspond to two times the inverse of the daily performance of the Russell 2000 Index. PROSHARES TRUST is traded on Mexico Stock Exchange in Mexico.| Instrument | Mexico Etf |
| Exchange | Mexican Exchange |
| ISIN | US74348A3196 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | ProShares |
| Benchmark | NYSE Composite |
| Website | www.proshares.com/funds/twm.html |
| Phone | 866 776 5125 |
| Currency | MXN - Mexican Peso |
You should never invest in ProShares Trust 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 Trust's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ProShares Trust Key Financial Ratios
Generally speaking, ProShares Trust's financial ratios allow both analysts and investors to convert raw data from ProShares Trust's financial statements into concise, actionable information that can be used to evaluate the performance of ProShares Trust 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 Trust reports annually and quarterly.ProShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Trust's current stock value. Our valuation model uses many indicators to compare ProShares Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Trust competition to find correlations between indicators driving ProShares Trust's intrinsic value. More Info.ProShares Trust is rated third largest ETF in one year return as compared to similar ETFs. It is rated third largest ETF in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value ProShares Trust by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ProShares Trust's 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 Trust's earnings, one of the primary drivers of an investment's value.ProShares Trust Systematic Risk
ProShares Trust's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProShares Trust volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ProShares Trust correlated with the market. If Beta is less than 0 ProShares Trust generally moves in the opposite direction as compared to the market. If ProShares Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Trust is generally in the same direction as the market. If Beta > 1 ProShares Trust moves generally in the same direction as, but more than the movement of the benchmark.
About ProShares Trust Financials
What exactly are ProShares Trust Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include ProShares Trust's income statement, its balance sheet, and the statement of cash flows. Potential ProShares Trust investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ProShares Trust investors may use each financial statement separately, they are all related. The changes in ProShares Trust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ProShares Trust's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze ProShares Trust Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as ProShares Trust is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of ProShares has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if ProShares Trust's financials are consistent with your investment objective using the following steps:- Review ProShares Trust's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand ProShares Trust's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ProShares Trust's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if ProShares Trust's stock is overvalued or undervalued.
ProShares Trust April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ProShares Trust help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProShares Trust . We use our internally-developed statistical techniques to arrive at the intrinsic value of ProShares Trust based on widely used predictive technical indicators. In general, we focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProShares Trust's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 6.34 |
Check out World Market Map 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. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.