DAT redefines freight payments with Outgo acquisition
| DAT Etf | USD 44.71 1.82 3.91% |
Slightly above 62% of ProShares Big's investor base is looking to short. The current sentiment regarding investing in ProShares Big Data etf implies that many traders are alarmed. ProShares Big's investing sentiment can be driven by a variety of factors including economic data, ProShares Big's earnings reports, geopolitical events, and overall market trends.
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DAT Freight Analytics has acquired Outgo Inc., adding fast, transparent payments to the industrys largest freight marketplace. Outgo is a financial techno...
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ProShares Big Fundamental Analysis
We analyze ProShares Big's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Big using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Big 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.
One Year Return
One Year Return Comparative Analysis
ProShares Big is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
ProShares Big Data Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares Big etf to make a market-neutral strategy. Peer analysis of ProShares Big could also be used in its relative valuation, which is a method of valuing ProShares Big by comparing valuation metrics with similar companies.
Peers
ProShares Big Related Equities
| TEMP | JPMorgan Climate | 0.96 |
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| TINT | ProShares Smart | 1.04 |
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| OND | ProShares | 1.11 |
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| CTEX | ProShares | 2.11 |
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| MAKX | ProShares | 2.49 |
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Check out ProShares Big Hype Analysis, ProShares Big Correlation and ProShares Big Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of ProShares Big Data 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 Big's value that differs from its market value or its book value, called intrinsic value, which is ProShares Big'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 Big's market value can be influenced by many factors that don't directly affect ProShares Big'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 Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Big'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.