ProShares Etf Profile

HDG
 Etf
  

USD 47.20  0.27  0.57%   

Market Performance
1 of 100
Odds Of Distress
Less than 49
ProShares Hedge is trading at 47.20 as of the 5th of December 2022, a -0.57% down since the beginning of the trading day. The etf's lowest day price was 47.01. ProShares Hedge has 49 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for ProShares Hedge Replication are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2022 and ending today, the 5th of December 2022. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. Hedge Replication is traded on NYSEARCA Exchange in the United States. More on ProShares Hedge Replication

Moving together with ProShares Hedge

+0.93SPYSPDR SP 500 TrendingPairCorr
+0.76BACBank Of America TrendingPairCorr
+0.74JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr

Moving against ProShares Hedge

-0.64MJINETFMG 2X Daily DelistingPairCorr

ProShares Hedge Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ProShares Hedge's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares Hedge or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ProShares Hedge's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerProShares
Inception Date2011-07-12
BenchmarkMerrill Lynch Factor Model Exchange Series
Entity TypeRegulated Investment Company
Asset Under Management43.16 Million
Average Trading Valume5,423.5
Asset TypeMulti Asset
CategoryAbsolute Returns
FocusGlobal Macro
Market ConcentrationBlended Development
RegionGlobal
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan, Tarak Dave
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents2,387
Market MakerCredit Suisse
Total Expense1.88
Management Fee0.75
Nav Price45.87
Two Hundred Day Average47.43
Ytd-11.38%
Average Daily Volume In Three Month5.3k
Fifty Two Week Low44.71
As Of Date25th of October 2022
Average Daily Volume Last 10 Day4.87k
Fifty Two Week High51.91
One Month0.64%
Fifty Day Average46.01
Three Month-2.82%
Beta In Three Year0.38
ProShares Hedge Replication [HDG] is traded in USA and was established 2011-07-12. The fund is classified under Absolute Returns category within ProShares family. ProShares Hedge Repl currently have 39.91 M in assets under management (AUM). , while the total return for the last 3 years was 0.01%.
Check ProShares Hedge Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Hedge Replication Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

ProShares Hedge Repl Currency Exposure (%)

Top ProShares Hedge Replication Constituents

ProShares Hedge Target Price Odds Analysis

What are ProShares Hedge's target price odds to finish over the current price? Based on a normal probability distribution, the odds of ProShares Hedge jumping above the current price in 90 days from now is about 11.84%. The ProShares Hedge Replication probability density function shows the probability of ProShares Hedge etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ProShares Hedge has a beta of 0.4635. This usually indicates as returns on the market go up, ProShares Hedge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ProShares Hedge Replication will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ProShares Hedge Repl is significantly underperforming NYSE Composite.
  Odds Below 47.2HorizonTargetOdds Above 47.2
87.86%90 days
 47.20 
11.84%
Based on a normal probability distribution, the odds of ProShares Hedge to move above the current price in 90 days from now is about 11.84 (This ProShares Hedge Replication probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) .

ProShares Hedge Top Holders

ProShares Hedge Major Institutional Holders

Institutional Holdings refers to the ownership stake in ProShares Hedge that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ProShares Hedge's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ProShares Hedge's value.
InstituionSecurity TypeTotal SharesValue
Winslow Evans Crocker IncFund Units32.01.4 K
View ProShares Hedge Diagnostics

ProShares Hedge Repl Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares Hedge market risk premium is the additional return an investor will receive from holding ProShares Hedge long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Hedge. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ProShares Hedge's alpha and beta are two of the key measurements used to evaluate ProShares Hedge's performance over the market, the standard measures of volatility play an important role as well.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ProShares Hedge without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in ProShares Hedge Replication?

The danger of trading ProShares Hedge Replication is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ProShares Hedge is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ProShares Hedge. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares Hedge Repl is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the ProShares Hedge Repl information on this page should be used as a complementary analysis to other ProShares Hedge's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running ProShares Hedge Repl price analysis, check to measure ProShares Hedge's 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 Hedge is operating at the current time. Most of ProShares Hedge's value examination focuses on studying past and present price action to predict the probability of ProShares Hedge's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ProShares Hedge's price. Additionally, you may evaluate how the addition of ProShares Hedge to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares Hedge Repl 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 Hedge's value that differs from its market value or its book value, called intrinsic value, which is ProShares Hedge'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 Hedge's market value can be influenced by many factors that don't directly affect ProShares Hedge'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 Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine ProShares Hedge value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Hedge'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.