Proshares Hedge Replication Etf Buy Hold or Sell Recommendation

HDG Etf  USD 49.62  0.01  0.02%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ProShares Hedge Replication is 'Hold'. Macroaxis provides ProShares Hedge buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HDG positions. The advice algorithm takes into account all of ProShares Hedge's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ProShares Hedge's buy or sell advice are summarized below:
Real Value
49.48
Hype Value
49.62
Market Value
49.62
Naive Value
49.66
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares Hedge Replication given historical horizon and risk tolerance towards ProShares Hedge. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares Hedge Replication, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out ProShares Hedge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as ProShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ProShares Hedge Replication. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Execute ProShares Hedge Buy or Sell Advice

The ProShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ProShares Hedge Replication. Macroaxis does not own or have any residual interests in ProShares Hedge Replication or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Hedge's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ProShares HedgeBuy ProShares Hedge
Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon ProShares Hedge Replication has a Risk Adjusted Performance of 0.0852, Jensen Alpha of 0.0066, Total Risk Alpha of (0.01), Sortino Ratio of (0.17) and Treynor Ratio of 0.111
Our recommendation tool can be used to complement ProShares Hedge trade recommendations provided by experts. It analyzes the entity's potential to grow against your specific risk preferences and investment horizon. Use ProShares Hedge Repl one year return, ten year return, as well as the relationship between the Ten Year Return and equity positions weight to ensure your buy or sell decision on ProShares Hedge Repl is adequate.

ProShares Hedge Trading Alerts and Improvement Suggestions

ProShares Hedge current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ProShares analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ProShares analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

ProShares Hedge Returns Distribution Density

The distribution of ProShares Hedge's historical returns is an attempt to chart the uncertainty of ProShares Hedge's future price movements. The chart of the probability distribution of ProShares Hedge daily returns describes the distribution of returns around its average expected value. We use ProShares Hedge Replication price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Hedge returns is essential to provide solid investment advice for ProShares Hedge.
Mean Return
0.04
Value At Risk
-0.43
Potential Upside
0.41
Standard Deviation
0.27
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ProShares Hedge historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

ProShares Hedge Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ProShares Hedge or ProShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ProShares Hedge's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ProShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.01
β
Beta against NYSE Composite0.31
σ
Overall volatility
0.25
Ir
Information ratio -0.21

ProShares Hedge Volatility Alert

ProShares Hedge Replication exhibits very low volatility with skewness of -0.73 and kurtosis of 0.78. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Hedge's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ProShares Hedge's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

ProShares Hedge Fundamentals Vs Peers

Comparing ProShares Hedge's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ProShares Hedge's direct or indirect competition across all of the common fundamentals between ProShares Hedge and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Hedge or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Hedge's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Hedge by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares Hedge to competition
FundamentalsProShares HedgePeer Average
Price To Earning20.43 X3.15 X
Price To Book1.95 X0.39 X
Price To Sales1.18 X0.33 X
Beta0.36
One Year Return7.50 %(0.97) %
Three Year Return0.30 %3.23 %
Five Year Return3.10 %1.12 %
Ten Year Return2.40 %1.20 %
Net Asset39.91 M2.29 B
Last Dividend Paid0.0420.14
Equity Positions Weight41.09 %52.82 %

ProShares Hedge Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ProShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About ProShares Hedge Buy or Sell Advice

When is the right time to buy or sell ProShares Hedge Replication? Buying financial instruments such as ProShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having ProShares Hedge in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Money Funds Thematic Idea Now

Money Funds
Money Funds Theme
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 31 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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When determining whether ProShares Hedge Repl is a strong investment it is important to analyze ProShares Hedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Hedge's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out ProShares Hedge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the ProShares Hedge Repl information on this page should be used as a complementary analysis to other ProShares Hedge'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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of ProShares Hedge Repl 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 Hedge's value that differs from its market value or its book value, called intrinsic value, which is ProShares Hedge'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 Hedge's market value can be influenced by many factors that don't directly affect ProShares Hedge'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 Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Hedge'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.