Proshares Short Qqq Etf Performance
| PSQ Etf | USD 37.54 0.33 0.87% |
The etf holds a Beta of -0.84, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ProShares Short are expected to decrease at a much lower rate. During the bear market, ProShares Short is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ProShares Short QQQ has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, ProShares Short is not utilizing all of its potentials. The newest stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Pacific Smiles Rejects Genesis Bid Amid Competitive Offerings | 09/30/2024 |
2 | Clarity Financial LLC Invests 1.49 Million in ProShares Short QQQ | 11/05/2024 |
3 | PSQ Betting Against Nasdaq On High Valuation, Worsening Global Business Environment - Seeking Alpha | 12/11/2024 |
| In Threey Sharp Ratio | -0.48 |
ProShares |
ProShares Short Relative Risk vs. Return Landscape
If you would invest 3,980 in ProShares Short QQQ on September 23, 2024 and sell it today you would lose (226.00) from holding ProShares Short QQQ or give up 5.68% of portfolio value over 90 days. ProShares Short QQQ is generating negative expected returns assuming volatility of 1.0378% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than ProShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ProShares Short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Short's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Short QQQ, and traders can use it to determine the average amount a ProShares Short's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0815
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| Negative Returns | PSQ |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Short is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares Short by adding ProShares Short to a well-diversified portfolio.
ProShares Short Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Short, and ProShares Short fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ProShares Etf performance.
| Total Asset | 1.58 B | |||
About ProShares Short Performance
Assessing ProShares Short's fundamental ratios provides investors with valuable insights into ProShares Short's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ProShares Short is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Short QQQ is traded on NYSEARCA Exchange in the United States.| ProShares Short QQQ generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: PSQ Betting Against Nasdaq On High Valuation, Worsening Global Business Environment - Seeking Alpha | |
| This fund generated-17.0 ten year return of -17.0% | |
| ProShares Short maintains most of the assets in different exotic instruments. |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Short QQQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of ProShares Short QQQ 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.