Proshares Trust Etf Profile
| BITI Etf | USD 24.53 0.28 1.13% |
Performance0 of 100
| Odds Of DistressLess than 14
|
ProShares Trust is trading at 24.53 as of the 20th of November 2024. This is a 1.13 percent decrease since the beginning of the trading day. The etf's open price was 24.81. ProShares Trust has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for ProShares Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2022 and ending today, the 20th of November 2024. Click here to learn more.
Biotie Therapies Corporation, a biopharmaceutical company, primarily focuses on developing and selling therapeutics for central nervous system disorders in Finland and the United States. The company has 978.25 M outstanding shares of which 4.52 K shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. More on ProShares Trust
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ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Cryptocurrency ETFs, Alternative Currency ETFs, Trading--Miscellaneous, null, Pharmaceutical Products (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2022-06-21 |
| Benchmark | Bloomberg Bitcoin Index |
| Entity Type | Regluated Investment Company |
| Asset Under Management | 104.57 Million |
| Asset Type | Currency |
| Category | Alternative Currency |
| Focus | Cryptocurrency |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Alexander Ilyasov, George Banian |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 3.0 |
| Market Maker | Jane Street |
| Total Expense | 1.03 |
| Management Fee | 0.95 |
| 200 Day M A | 39.4968 |
| Country Name | USA |
| 50 Day M A | 35.0278 |
| Code | BITI |
| Updated At | 20th of November 2024 |
| Returns Y T D | (61.9) |
| Name | ProShares Trust - ProShares Short Bitcoin Strategy ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG018C3QG43 |
| Type | ETF |
| 1y Volatility | 46.84 |
ProShares Trust [BITI] is traded in USA and was established null. The fund is listed under Trading--Miscellaneous category and is part of null family. The entity is thematically classified as Cryptocurrency ETFs. ProShares Trust currently have in assets under management (AUM). , while the total return for the last year was -67.0%.
ProShares Trust currently holds about 46.76 M in cash with (30.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.23.
Check ProShares Trust Probability Of Bankruptcy
ProShares Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 0.2906 |
ProShares Trust Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.