Proshares Sp Global Etf Market Value
| ION Etf | 57.28 2.21 4.01% |
| Symbol | Proshares |
Investors evaluate Proshares SP Global using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Proshares' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Proshares' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Proshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Proshares' market price signifies the transaction level at which participants voluntarily complete trades.
Proshares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Proshares' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Proshares.
| 11/10/2025 |
| 02/08/2026 |
If you would invest 0.00 in Proshares on November 10, 2025 and sell it all today you would earn a total of 0.00 from holding Proshares SP Global or generate 0.0% return on investment in Proshares over 90 days. Proshares is related to or competes with AdvisorShares Restaurant, Amplify Weight, Columbia ETF, KraneShares Trust, Ultimus Managers, City Different, and IREIT MarketVector. Proshares is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Proshares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Proshares' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Proshares SP Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.172 | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 4.19 |
Proshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Proshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Proshares' standard deviation. In reality, there are many statistical measures that can use Proshares historical prices to predict the future Proshares' volatility.| Risk Adjusted Performance | 0.1731 | |||
| Jensen Alpha | 0.4541 | |||
| Total Risk Alpha | 0.2709 | |||
| Sortino Ratio | 0.1558 | |||
| Treynor Ratio | 0.56 |
Proshares February 8, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1731 | |||
| Market Risk Adjusted Performance | 0.57 | |||
| Mean Deviation | 1.99 | |||
| Semi Deviation | 2.45 | |||
| Downside Deviation | 2.89 | |||
| Coefficient Of Variation | 484.81 | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.84 | |||
| Information Ratio | 0.172 | |||
| Jensen Alpha | 0.4541 | |||
| Total Risk Alpha | 0.2709 | |||
| Sortino Ratio | 0.1558 | |||
| Treynor Ratio | 0.56 | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 4.19 | |||
| Downside Variance | 8.34 | |||
| Semi Variance | 5.99 | |||
| Expected Short fall | (2.20) | |||
| Skewness | (1.01) | |||
| Kurtosis | 2.17 |
Proshares SP Global Backtested Returns
Proshares appears to be very steady, given 3 months investment horizon. Proshares SP Global maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19 % return per unit of risk over the last 3 months. By analyzing Proshares' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Proshares' Semi Deviation of 2.45, risk adjusted performance of 0.1731, and Coefficient Of Variation of 484.81 to confirm if our risk estimates are consistent with your expectations. The etf holds a Beta of 0.95, which implies possible diversification benefits within a given portfolio. Proshares returns are very sensitive to returns on the market. As the market goes up or down, Proshares is expected to follow.
Auto-correlation | 0.38 |
Below average predictability
Proshares SP Global has below average predictability. Overlapping area represents the amount of predictability between Proshares time series from 10th of November 2025 to 25th of December 2025 and 25th of December 2025 to 8th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Proshares SP Global price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Proshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 14.96 |
Pair Trading with Proshares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Proshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Proshares will appreciate offsetting losses from the drop in the long position's value.Moving together with Proshares Etf
| 0.93 | XLB | Materials Select Sector Aggressive Push | PairCorr |
| 0.94 | VAW | Vanguard Materials Index | PairCorr |
| 0.96 | XME | SPDR SP Metals | PairCorr |
| 0.62 | PHO | Invesco Water Resources | PairCorr |
Moving against Proshares Etf
The ability to find closely correlated positions to Proshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Proshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Proshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Proshares SP Global to buy it.
The correlation of Proshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Proshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Proshares SP Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Proshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Proshares Correlation, Proshares Volatility and Proshares Performance module to complement your research on Proshares. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Proshares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.