ProShares Short Competition

Etfs . USA . 
Etf . ProShares Short SP500
SH Etf  USD 12.44  0.07  0.57%   
ProShares Short SP500 competes with ProShares Ultra, HUMANA, Thrivent High, Via Renewables, and T Rowe; as well as few others. Analyzing ProShares Short competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of ProShares Short to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out ProShares Short Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of ProShares Short competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares Short's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
11.7212.4413.16
Details
Intrinsic
Valuation
LowRealHigh
12.3613.0813.80
Details
Naive
Forecast
LowNextHigh
11.9112.6213.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.3512.4212.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares Short. Your research has to be compared to or analyzed against ProShares Short's peers to derive any actionable benefits. When done correctly, ProShares Short's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ProShares Short SP500.

ProShares Short Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ProShares Short and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of ProShares and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ProShares Short SP500 does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
KNG
+ 0.95
RRTLX
KNG
+ 0.92
SSO
RRTLX
+ 0.91
SSO
RRTLX
+ 0.86
VIASP
KNG
+ 0.85
VIASP
RRTLX
+ 0.81
LBHIX
  
High negative correlations   
VIASP
- 0.17
444859BR2
AQUI
- 0.11
444859BR2
RRTLX
- 0.09
444859BR2
KNG
- 0.02
444859BR2
444859BR2
- 0.02
SSO

ProShares Short Constituents Risk-Adjusted Indicators

There is a big difference between ProShares Etf performing well and ProShares Short ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ProShares Short's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

ProShares Short Competitive Analysis

The better you understand ProShares Short competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ProShares Short's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ProShares Short's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SH SSO 444859BR2 AQUI LBHIX VIASP RRTLX KNG
 0.57 
 12.44 
ProShares
 0.47 
 70.33 
ProShares
 7.94 
 84.12 
HUMANA
 0.00 
 0.01 
Aquagold
 0.49 
 4.09 
Thrivent
 0.26 
 19.45 
Via
 0.43 
 11.68 
RRTLX
 0.35 
 51.37 
KNG
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Out of control
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Insignificant
Insignificant
Good
Very Weak
OK
Modest
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Below Average
Below Average
Low
Average
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Hold
Hold
Cautious Hold
Cautious Hold
Buy
Cautious Hold
Strong Buy
Current Ratio
N/A
N/A
N/A
N/A
N/A
3.49 X
N/A
N/A
Net Asset
3.83 B
2.76 B
N/A
3.19 K
674.44 M
355.28 M
1.46 B
468.87 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
0.01 %
N/A
N/A
EBITDA
N/A
N/A
N/A
(727.69 K)
N/A
33.09 M
N/A
N/A
Price To Book
N/A
2.75 X
N/A
N/A
1.58 X
N/A
2.13 X
N/A
Current Valuation
N/A
N/A
N/A
912.76 K
N/A
535.95 M
N/A
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
(0.14) %
N/A
N/A
Five Year Return
(13.00) %
18.40 %
N/A
N/A
2.38 %
8.97 %
0.04 %
8.50 %
Retained Earnings
N/A
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
One Year Return
(11.70) %
38.50 %
N/A
N/A
6.23 %
N/A
0.07 %
6.40 %
Beta
-0.99
2.0
N/A
7.05
N/A
1.16
N/A
0.84
Equity Positions Weight
(100.01) %
200.01 %
N/A
N/A
0.07 %
N/A
38.52 %
98.65 %
Number Of Employees
10
10
N/A
7
1
169
1
634
Cash Position Weight
N/A
N/A
N/A
N/A
6.56 %
N/A
7.22 %
N/A
Shares Outstanding
N/A
N/A
N/A
965.83 K
N/A
N/A
N/A
N/A
Three Year Return
(5.80) %
8.00 %
N/A
N/A
0.88 %
N/A
0.05 %
4.20 %
Cash Flow From Operations
N/A
N/A
N/A
(218.19 K)
N/A
12.7 M
N/A
N/A
Annual Yield
N/A
N/A
N/A
N/A
0.06 %
0.1 %
0.02 %
N/A
Total Debt
N/A
N/A
N/A
N/A
N/A
135 M
N/A
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
0.017
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
92.23 %
N/A
14.43 %
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
1.0
N/A
N/A
Return On Asset
N/A
N/A
N/A
-5.5
N/A
-0.11
N/A
N/A
Book Value Per Share
N/A
N/A
N/A
(1.19) X
N/A
3.66 X
N/A
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
4.29 K
N/A
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
794 K
N/A
N/A
N/A
N/A
Total Asset
3.83 B
2.76 B
N/A
3.19 K
347.66 M
355.28 M
1.03 B
468.87 M
Last Dividend Paid
0.028
0.12
N/A
N/A
0.02
0.73
0.14
0.39
Debt To Equity
N/A
N/A
N/A
N/A
N/A
0.69 %
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
0.70 X
N/A
N/A
Market Capitalization
N/A
N/A
N/A
96.58 K
N/A
N/A
N/A
N/A
Price To Earning
N/A
18.51 X
N/A
(0.22) X
35.48 X
26.83 X
18.25 X
N/A
Price To Sales
N/A
1.93 X
N/A
N/A
1.23 X
N/A
1.57 X
N/A
Net Income
N/A
N/A
N/A
(627.79 K)
N/A
5.2 M
N/A
N/A
Earnings Per Share
N/A
N/A
N/A
(0.63) X
N/A
1.17 X
N/A
N/A
Year To Date Return
N/A
N/A
N/A
N/A
0.74 %
N/A
(0.02) %
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
393.49 M
N/A
N/A
Ten Year Return
(12.00) %
18.90 %
N/A
N/A
6.00 %
N/A
5.76 %
N/A
Working Capital
N/A
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
1.15 K
N/A
51.31 M
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
3.23 X
N/A
N/A
Gross Profit
N/A
N/A
N/A
(143.88 K)
N/A
74.67 M
N/A
N/A
Day Typical Price
12.41
70.69
84.12
0.006
4.09
19.54
11.68
51.36
Accumulation Distribution
0.0144
0.0219
N/A
N/A
N/A
0.0336
N/A
0.0078
Market Facilitation Index
0.18
1.57
N/A
N/A
N/A
0.67
N/A
0.4
Daily Balance Of Power
0.3889
(0.21)
9.2 T
0.0
(9,223,372,036,855)
(0.07)
(9,223,372,036,855)
0.45
Period Momentum Indicator
0.07
(0.33)
6.19
N/A
(0.02)
(0.05)
(0.05)
0.18
Rate Of Daily Change
1.01
1.0
1.08
1.0
1.0
1.0
1.0
1.0
Day Median Price
12.39
70.87
84.12
0.006
4.09
19.59
11.68
51.35
Price Action Indicator
0.085
(0.70)
3.09
N/A
(0.01)
(0.16)
(0.03)
0.11
Coefficient Of Variation
(1,590)
920.12
8365.73
573.64
(1,786)
1450.28
1788.45
1470.88
Mean Deviation
0.5728
1.11
0.6164
1.32
0.1888
1.53
0.2619
0.452
Jensen Alpha
(0.05)
0.1158
(0.0005)
0.6303
(0.03)
0.0947
0.0064
(0.02)
Total Risk Alpha
(0.12)
0.0101
(0.12)
0.301
(0.05)
(0.07)
(0.02)
(0.03)
Sortino Ratio
N/A
0.0623
(0.04)
N/A
N/A
0.0345
(0.13)
(0.04)
Downside Variance
N/A
2.02
1.63
N/A
N/A
6.15
0.1584
0.4941
Standard Deviation
0.7216
1.45
1.35
3.91
0.2576
2.23
0.3368
0.5778
Kurtosis
(0.04)
0.1952
18.09
32.12
0.0981
2.52
(0.10)
0.1985
Potential Upside
1.34
2.12
0.9566
N/A
0.4808
3.6
0.5076
0.8153
Treynor Ratio
5.54
0.2757
0.0544
0.9492
(0.39)
0.1711
0.2103
0.0353
Maximum Drawdown
3.53
6.94
10.11
25.0
1.21
13.41
1.46
2.61
Variance
0.5208
2.09
1.83
15.3
0.0663
4.99
0.1134
0.3338
Market Risk Adjusted Performance
5.55
0.2857
0.0644
0.9592
(0.38)
0.1811
0.2203
0.0453
Risk Adjusted Performance
(0.04)
0.0729
0.0128
0.1162
(0.05)
0.0498
0.0262
0.0413
Skewness
0.0811
(0.09)
1.01
5.72
(0.27)
(0.52)
(0.41)
(0.37)
Semi Deviation
N/A
1.21
1.21
N/A
N/A
2.28
0.3095
0.6432
Information Ratio
(0.16)
0.0612
(0.04)
0.1568
(0.32)
0.0383
(0.15)
(0.05)
Value At Risk
(1.07)
(2.54)
(1.04)
N/A
(0.48)
(3.74)
(0.59)
(1.11)
Expected Short fall
N/A
(1.23)
(0.65)
N/A
N/A
(1.56)
(0.29)
(0.40)
Downside Deviation
N/A
1.42
1.28
N/A
N/A
2.48
0.398
0.7029
Semi Variance
N/A
1.46
1.46
N/A
N/A
5.2
0.0958
0.4137

ProShares Short Competition Performance Charts

Five steps to successful analysis of ProShares Short Competition

ProShares Short's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ProShares Short SP500 in relation to its competition. ProShares Short's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of ProShares Short in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ProShares Short's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ProShares Short SP500, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your ProShares Short position

In addition to having ProShares Short 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 Computers Thematic Idea Now

Computers
Computers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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When determining whether ProShares Short SP500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Short'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 Short Sp500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Short Sp500 Etf:
How To Invest In ProShares
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Check out ProShares Short Correlation with its peers.
Note that the ProShares Short SP500 information on this page should be used as a complementary analysis to other ProShares Short'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of ProShares Short SP500 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between ProShares Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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