Proshares Msci Emerging Etf Price To Sales
| EMDV Etf | USD 43.67 0.39 0.90% |
ProShares MSCI Emerging fundamentals help investors to digest information that contributes to ProShares MSCI's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares MSCI's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProShares MSCI etf.
ProShares |
ProShares MSCI Emerging ETF Price To Sales Analysis
ProShares MSCI's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current ProShares MSCI Price To Sales | 1.01 X |
Most of ProShares MSCI's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares MSCI Emerging is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, ProShares MSCI Emerging has a Price To Sales of 1.01 times. This is 140.48% higher than that of the ProShares family and significantly higher than that of the Diversified Emerging Mkts category. The price to sales for all United States etfs is notably lower than that of the firm.
ProShares Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares MSCI's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares MSCI could also be used in its relative valuation, which is a method of valuing ProShares MSCI by comparing valuation metrics of similar companies.ProShares MSCI is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for ProShares MSCI
The fund invests 99.08% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (0.02%) and various exotic instruments.Asset allocation divides ProShares MSCI's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ProShares Fundamentals
| Price To Earning | 13.77 X | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 1.01 X | |||
| Number Of Employees | 12 | |||
| Beta | 0.84 | |||
| Total Asset | 14.55 M | |||
| One Year Return | (3.80) % | |||
| Three Year Return | (7.60) % | |||
| Five Year Return | (2.90) % | |||
| Net Asset | 14.55 M | |||
| Last Dividend Paid | 0.051 | |||
| Equity Positions Weight | 99.08 % | |||
| Bond Positions Weight | 0.02 % |
About ProShares MSCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares MSCI Emerging's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares MSCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares MSCI Emerging based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProShares MSCI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProShares MSCI's short interest history, or implied volatility extrapolated from ProShares MSCI options trading.
Pair Trading with ProShares MSCI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares MSCI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares MSCI will appreciate offsetting losses from the drop in the long position's value.Moving together with ProShares Etf
| 0.67 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.69 | IEMG | iShares Core MSCI Aggressive Push | PairCorr |
| 0.66 | EEM | iShares MSCI Emerging Aggressive Push | PairCorr |
| 0.64 | SPEM | SPDR Portfolio Emerging | PairCorr |
Moving against ProShares Etf
| 0.59 | FNGD | MicroSectors FANG Index | PairCorr |
The ability to find closely correlated positions to ProShares MSCI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares MSCI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares MSCI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares MSCI Emerging to buy it.
The correlation of ProShares MSCI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares MSCI Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares MSCI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ProShares MSCI Piotroski F Score and ProShares MSCI Altman Z Score analysis. Note that the ProShares MSCI Emerging information on this page should be used as a complementary analysis to other ProShares MSCI'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ProShares MSCI Emerging 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is ProShares MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect ProShares MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares MSCI'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.