Proshares Trust Etf Profile

BITI Etf  USD 7.28  0.12  1.62%   


0 of 100

Very Weak

Odds Of Distress

Less than 15

ProShares Trust is trading at 7.28 as of the 23rd of July 2024. This is a 1.62 percent decrease since the beginning of the trading day. The etf's open price was 7.4. ProShares Trust has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for ProShares Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of August 2021 and ending today, the 23rd of July 2024. Click here to learn more.
Biotie Therapies Corporation, a biopharmaceutical company, primarily focuses on developing and selling therapeutics for central nervous system disorders in Finland and the United States. The company has 978.25 M outstanding shares of which 4.52 K shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. More on ProShares Trust

ProShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCryptocurrency ETFs, Alternative Currency ETFs, Trading--Miscellaneous, null, Pharmaceutical Products (View all Sectors)
Inception Date2022-06-21
BenchmarkS&P CME Bitcoin Futures Index
Entity TypeRegulated Investment Company
Asset Under Management59.53 Million
Asset TypeCurrency
CategoryAlternative Currency
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJPMorgan Chase Bank, N.A.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerAlexander Ilyasov, George Banian
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents3.0
Market MakerJane Street
Total Expense1.33
Management Fee0.95
200 Day M A11.1227
Country NameUSA
50 Day M A7.8678
Updated At23rd of July 2024
Returns Y T D(43.94)
NameProShares Trust - ProShares Short Bitcoin Strategy ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG018C3QG43
1y Volatility52.28
ProShares Trust [BITI] is traded in USA and was established null. The fund is listed under Trading--Miscellaneous category and is part of null family. The entity is thematically classified as Cryptocurrency ETFs. ProShares Trust currently have in assets under management (AUM). , while the total return for the last year was -60.9%. ProShares Trust currently holds about 46.76 M in cash with (30.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.23.
Check ProShares Trust Probability Of Bankruptcy

ProShares Trust Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares Trust market risk premium is the additional return an investor will receive from holding ProShares Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ProShares Trust's alpha and beta are two of the key measurements used to evaluate ProShares Trust's performance over the market, the standard measures of volatility play an important role as well.

ProShares Trust Against Markets

Additional Information and Resources on Investing in ProShares Etf

When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:
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The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.