Proshares Sp 500 Etf Price To Sales
Fundamental analysis of ProShares allows traders to better anticipate movements in ProShares' stock price by examining its financial health and performance throughout various phases of its business cycle.
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ProShares SP 500 ETF Price To Sales Analysis
ProShares' 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 Price To Sales | 1.92 X |
Most of ProShares' 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 SP 500 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.
CompetitionBased on the latest financial disclosure, ProShares SP 500 has a Price To Sales of 1.92 times. This is 357.14% higher than that of the ProShares family and significantly higher than that of the Large Blend 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' 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 could also be used in its relative valuation, which is a method of valuing ProShares by comparing valuation metrics of similar companies.ProShares is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for ProShares
The fund invests 99.7% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides ProShares' 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 | 18.91 X | |||
| Price To Book | 2.83 X | |||
| Price To Sales | 1.92 X | |||
| Number Of Employees | 388 | |||
| Beta | 1.01 | |||
| Total Asset | 21.7 M | |||
| One Year Return | 19.90 % | |||
| Three Year Return | 19.10 % | |||
| Five Year Return | 16.00 % | |||
| Net Asset | 21.7 M | |||
| Last Dividend Paid | 0.25 | |||
| Equity Positions Weight | 99.70 % |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Tools for ProShares Etf
When running ProShares' price analysis, check to measure ProShares' 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 is operating at the current time. Most of ProShares' value examination focuses on studying past and present price action to predict the probability of ProShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares' price. Additionally, you may evaluate how the addition of ProShares to your portfolios can decrease your overall portfolio volatility.
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