Proshares Etf Profile

TINY
 Etf
  

USD 33.61  0.31  0.91%   

Market Performance
3 of 100
Odds Of Distress
Less than 43
Proshares Nanotechnology is trading at 33.61 as of the 17th of August 2022; that is -0.91 percent down since the beginning of the trading day. The etf's open price was 33.92. Proshares Nanotechnology has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Proshares Nanotechnology ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of July 2022 and ending today, the 17th of August 2022. Click here to learn more.
The index consists of companies focused on making or applying nanotechnology innovations that allow for improved products, processes, or techniques through control or measurement of material at nanoscale. Proshares Nanotechnology is traded on NYSEArca Exchange in the United States.. The company has 31.17 M outstanding shares of which 305.45 K shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover. More on Proshares Nanotechnology ETF

Moving together with Proshares Nanotechnology

0.83DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr

Proshares Nanotechnology 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Proshares Nanotechnology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Proshares Nanotechnology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company reported the previous year's revenue of 917 K. Net Loss for the year was (20.25 M) with profit before overhead, payroll, taxes, and interest of 917 K.
Proshares Nanotechnology ETF currently holds about 17.92 M in cash with (6.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
On 29th of June 2022 Proshares Nanotechnology paid $ 0.003 per share dividend to its current shareholders
The fund maintains 99.7% of its assets in stocks
ChairmanDouglas Jamison
Thematic IdeaTech Funds (view all)
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 Nanotechnology's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerProShares
Inception Date2021-10-26
BenchmarkSolactive Nanotechnology Index
Entity TypeRegulated Investment Company
Asset Under Management2.55 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorJ.P. Morgan Chase Bank, N.A.
AdvisorProShare Advisors LLC
CustodianJ.P. Morgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerAlexander Ilyasov, Scott Hanson
Transfer AgentJ.P. Morgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Market MakerSG Americas Securities
Total Expense0.58
Management Fee0.58
Nav Price33.92
Two Hundred Day Average36.1
Ytd-26.32%
Average Daily Volume In Three Month406
Fifty Two Week Low28.84
As Of Date9th of August 2022
Average Daily Volume Last 10 Day790
Fifty Two Week High44.2
One Month3.32%
Fifty Day Average31.57
Three Month3.85%
Proshares Nanotechnology ETF [TINY] is traded in USA and was established 2021-10-26. The fund is listed under Technology category and is part of ProShares family. The entity is thematically classified as Tech Funds. Proshares Nanotechnology at this time have 2.5 M in assets. Proshares Nanotechnology ETF currently holds about 17.92 M in cash with (6.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
Check Proshares Nanotechnology Probability Of Bankruptcy

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 Nanotechnology ETF 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 Nanotechnology Target Price Odds Analysis

What are Proshares Nanotechnology's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Proshares Nanotechnology jumping above the current price in 90 days from now is about 14.09%. The Proshares Nanotechnology ETF probability density function shows the probability of Proshares Nanotechnology etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.5444. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Proshares Nanotechnology will likely underperform. Additionally, the company has an alpha of 0.0072, implying that it can generate a 0.007222 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 33.61HorizonTargetOdds Above 33.61
85.78%90 days
 33.61 
14.09%
Based on a normal probability distribution, the odds of Proshares Nanotechnology to move above the current price in 90 days from now is about 14.09 (This Proshares Nanotechnology ETF probability density function shows the probability of Proshares Etf to fall within a particular range of prices over 90 days) .

Proshares Nanotechnology Top Holders

Proshares Nanotechnology Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Proshares Nanotechnology market risk premium is the additional return an investor will receive from holding Proshares Nanotechnology 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 Nanotechnology. 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 Nanotechnology's alpha and beta are two of the key measurements used to evaluate Proshares Nanotechnology's performance over the market, the standard measures of volatility play an important role as well.

Proshares Nanotechnology Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Proshares Nanotechnology Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Proshares Nanotechnology price patterns.
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Proshares Nanotechnology Against Markets

Picking the right benchmark for Proshares Nanotechnology etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Proshares Nanotechnology etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Proshares Nanotechnology is critical whether you are bullish or bearish towards Proshares Nanotechnology ETF at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Proshares Nanotechnology without increasing your portfolio risk or giving up 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 Nanotechnology ETF?

You need to understand the risk of investing before taking a position in Proshares Nanotechnology. The danger of trading Proshares Nanotechnology ETF 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 Nanotechnology 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 Nanotechnology. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Proshares Nanotechnology 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.
Additionally, take a look at World Market Map. Note that the Proshares Nanotechnology information on this page should be used as a complementary analysis to other Proshares Nanotechnology'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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