Proshares Online Retail Etf Buy Hold or Sell Recommendation
| ONLN Etf | USD 37.44 0.17 0.45% |
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding ProShares Online Retail is 'Strong Buy'. Macroaxis provides ProShares Online buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ONLN positions. The advice algorithm takes into account all of ProShares Online's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ProShares Online's buy or sell advice are summarized below:
Real Value 37.12 | Hype Value 37.46 | Market Value 37.44 | Naive Value 36.98 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares Online Retail given historical horizon and risk tolerance towards ProShares Online. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares Online Retail, the advice is generated through an automated system that utilizes algorithms and statistical models.
ProShares |
Execute ProShares Online 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 Online Retail. Macroaxis does not own or have any residual interests in ProShares Online Retail or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Online's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
ProShares Online Trading Alerts and Improvement Suggestions
| Latest headline from benzinga.com: Amazon AWS Launches Deadline Cloud, To Transform Media and Entertainment Content Creation Rendering | |
| ProShares Online Retail created five year return of 0.0% | |
| This fund maintains 99.87% of its assets in stocks |
ProShares Online Returns Distribution Density
The distribution of ProShares Online's historical returns is an attempt to chart the uncertainty of ProShares Online's future price movements. The chart of the probability distribution of ProShares Online daily returns describes the distribution of returns around its average expected value. We use ProShares Online Retail price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Online returns is essential to provide solid investment advice for ProShares Online.
| Mean Return | 0.15 | Value At Risk | -2.17 | Potential Upside | 2.36 | Standard Deviation | 1.34 |
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 Online 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 Online 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 Online 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 Online'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 | 0.07 | |
β | Beta against NYSE Composite | 1.56 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.07 |
ProShares Online Volatility Alert
ProShares Online Retail has relatively low volatility with skewness of -0.23 and kurtosis of -0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Online'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 Online'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 Online Fundamentals Vs Peers
Comparing ProShares Online'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 Online's direct or indirect competition across all of the common fundamentals between ProShares Online and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Online or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Online's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Online by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares Online to competition |
| Fundamentals | ProShares Online | Peer Average |
| Beta | 1.55 | |
| One Year Return | 25.60 % | (0.97) % |
| Three Year Return | (22.70) % | 3.23 % |
| Five Year Return | (0.10) % | 1.12 % |
| Net Asset | 130.31 M | 2.29 B |
| Equity Positions Weight | 99.87 % | 52.82 % |
ProShares Online 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 Online Buy or Sell Advice
When is the right time to buy or sell ProShares Online Retail? 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 Online 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?
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Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 45 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Check out ProShares Online 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. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of ProShares Online Retail 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 Online's value that differs from its market value or its book value, called intrinsic value, which is ProShares Online'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 Online's market value can be influenced by many factors that don't directly affect ProShares Online'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 Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Online'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.