|USD 48.88 0.05 0.10%
ProShares Hedge Replication fundamentals
help investors to digest information that contributes to ProShares Hedge'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 Hedge'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 Hedge etf.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners
to view more equity screening tools.
ProShares Price To Book Analysis
ProShares Hedge's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current ProShares Hedge Price To Book
Most of ProShares Hedge's fundamental indicators, such as Price To Book, 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 Hedge Replication is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
ProShares Hedge Price To Book Component Assessment
Based on the latest financial disclosure, ProShares Hedge Replication has a Price To Book of 1.95 times. This is 146.84% higher than that of the ProShares family and significantly higher than that of the Multistrategy
category. The price to book for all United States etfs is notably lower than that of the firm.
ProShares Hedge Repl Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Hedge's current stock value. Our valuation model uses many indicators to compare ProShares Hedge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship
between different fundamental ratios across ProShares Hedge competition to find correlations between indicators driving ProShares Hedge's intrinsic value. More Info
ProShares Hedge Replication is one of the top ETFs in price to book as compared to similar ETFs. It is one of the top ETFs in price to sales as compared to similar ETFs fabricating about 0.61
of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for ProShares Hedge Replication is roughly 1.65
. Comparative valuation analysis is a catch-all model that can be used if you cannot value ProShares Hedge by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ProShares Hedge'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 Hedge's earnings, one of the primary drivers of an investment's value.
ProShares Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares Hedge's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares Hedge could also be used in its relative valuation, which is a method of valuing ProShares Hedge by comparing valuation metrics of similar companies.
ProShares Hedge is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for ProShares Hedge
The fund invests 41.09% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
Asset allocation divides ProShares Hedge'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.
About ProShares Hedge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Hedge Replication's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Hedge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value
of ProShares Hedge Replication 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
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. Hedge Replication is traded on NYSEARCA Exchange in the United States.
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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 Piotroski F Score
and ProShares Hedge Altman Z Score
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 Bonds Directory
module to find actively traded corporate debentures issued by US companies.
Complementary Tools for ProShares Etf analysis
When running ProShares Hedge's price analysis, check to measure ProShares Hedge's market volatility
, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares Hedge is operating at the current time. Most of ProShares Hedge's value examination focuses on studying past and present price action to predict the probability of ProShares Hedge's future price movements
. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares Hedge's price. Additionally, you may evaluate how the addition of ProShares Hedge to your portfolios can decrease your overall portfolio volatility.
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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.