Proshares Inflation Expectations Etf Price To Sales
RINF Etf | USD 33.25 0.20 0.60% |
ProShares Inflation Expectations fundamentals help investors to digest information that contributes to ProShares Inflation'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 Inflation'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 Inflation etf.
ProShares |
ProShares Inflation Expectations ETF Price To Sales Analysis
ProShares Inflation'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.
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 Inflation Expectations has a Price To Sales of 0.0 times. This is 100.0% lower than that of the ProShares family and about the same as Nontraditional Bond (which currently averages 0.0) category. The price to sales for all United States etfs is 100.0% higher than that of the company.
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 Inflation'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 Inflation could also be used in its relative valuation, which is a method of valuing ProShares Inflation by comparing valuation metrics of similar companies.ProShares Inflation is currently under evaluation in price to sales as compared to similar ETFs.
ProShares Fundamentals
Number Of Employees | 201 | |||
Beta | -0.77 | |||
Total Asset | 76.06 M | |||
One Year Return | 2.00 % | |||
Three Year Return | 5.10 % | |||
Five Year Return | 7.60 % | |||
Ten Year Return | 2.30 % | |||
Net Asset | 76.06 M | |||
Last Dividend Paid | 0.037 |
About ProShares Inflation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Inflation Expectations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Inflation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Inflation Expectations 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.
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Check out ProShares Inflation Piotroski F Score and ProShares Inflation Altman Z Score analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of ProShares Inflation 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 Inflation's value that differs from its market value or its book value, called intrinsic value, which is ProShares Inflation'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 Inflation's market value can be influenced by many factors that don't directly affect ProShares Inflation'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 Inflation's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Inflation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Inflation'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.