ProShares Trust (Mexico) Buy Hold or Sell Recommendation
UWM Etf | MXN 664.65 0.00 0.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding ProShares Trust is 'Strong Sell'. Macroaxis provides ProShares Trust buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding UWM positions. The advice algorithm takes into account all of ProShares Trust's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ProShares Trust's buy or sell advice are summarized below:
Real Value 603.97 | Hype Value 664.65 | Market Value 664.65 | Naive Value 644.25 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares Trust given historical horizon and risk tolerance towards ProShares Trust. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares Trust , the advice is generated through an automated system that utilizes algorithms and statistical models.
ProShares |
Execute ProShares Trust Buy or Sell Advice
The ProShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ProShares Trust . Macroaxis does not own or have any residual interests in ProShares Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Trust's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details |
ProShares Trust Trading Alerts and Improvement Suggestions
The fund keeps 89.19% of its net assets in stocks |
ProShares Trust Returns Distribution Density
The distribution of ProShares Trust's historical returns is an attempt to chart the uncertainty of ProShares Trust's future price movements. The chart of the probability distribution of ProShares Trust daily returns describes the distribution of returns around its average expected value. We use ProShares Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Trust returns is essential to provide solid investment advice for ProShares Trust.
Mean Return | 0.35 | Value At Risk | 0.00 | Potential Upside | 2.09 | Standard Deviation | 1.52 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ProShares Trust historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ProShares Trust Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ProShares Trust or ProShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ProShares Trust's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ProShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.42 | |
β | Beta against NYSE Composite | -0.7 | |
σ | Overall volatility | 1.58 | |
Ir | Information ratio | 0.14 |
ProShares Trust Volatility Alert
ProShares Trust exhibits very low volatility with skewness of 5.34 and kurtosis of 30.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Trust's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ProShares Trust's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ProShares Trust Fundamentals Vs Peers
Comparing ProShares Trust's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ProShares Trust's direct or indirect competition across all of the common fundamentals between ProShares Trust and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Trust or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Trust's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Trust by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare ProShares Trust to competition |
Fundamentals | ProShares Trust | Peer Average |
Price To Earning | 19.71 X | 3.15 X |
Price To Book | 1.83 X | 0.39 X |
Price To Sales | 1.09 X | 0.33 X |
One Year Return | 180.06 % | (0.97) % |
Three Year Return | 18.48 % | 3.23 % |
Five Year Return | 24.70 % | 1.12 % |
Ten Year Return | 16.38 % | 1.20 % |
Net Asset | 746.08 M | 2.29 B |
Equity Positions Weight | 89.19 % | 52.82 % |
ProShares Trust Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ProShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Rate Of Daily Change | 1.0 | |||
Day Median Price | 664.65 | |||
Day Typical Price | 664.65 | |||
Relative Strength Index | 100.0 |
About ProShares Trust Buy or Sell Advice
When is the right time to buy or sell ProShares Trust ? Buying financial instruments such as ProShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ProShares Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Financials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials ETFs theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials ETFs Theme or any other thematic opportunities.
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Check out ProShares Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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