Proshares Etf Probability of Future Etf Price Finishing Over 25.65

TINY
 Etf
  

USD 25.65  0.38  1.46%   

Proshares Nanotechnology's future price is the expected price of Proshares Nanotechnology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Proshares Nanotechnology ETF performance during a given time horizon utilizing its historical volatility.
  
Proshares Nanotechnology's implied volatility is one of the determining factors in the pricing options written on Proshares Nanotechnology ETF. Implied volatility approximates the future value of Proshares Nanotechnology based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Proshares Nanotechnology ETF over a specific time period. For example, 2022-10-21 CALL at $25.0 is a CALL option contract on Proshares Nanotechnology's common stock with a strick price of 25.0 expiring on 2022-10-21. The contract was not traded in recent days and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $0.45, and an ask price of $3.2. The implied volatility as of the 2nd of October is 61.7606. View All Proshares options

Closest to current price Proshares long CALL Option Payoff at Expiration

Additionally, take a look at Proshares Nanotechnology Backtesting, Portfolio Optimization, Proshares Nanotechnology Correlation, Proshares Nanotechnology Hype Analysis, Proshares Nanotechnology Volatility, Proshares Nanotechnology History as well as Proshares Nanotechnology Performance. Please specify Proshares Nanotechnology time horizon, a valid symbol (red box) and a target price (blue box) you would like Proshares Nanotechnology odds to be computed.

Proshares Nanotechnology Target Price Odds to finish over 25.65

The tendency of Proshares Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 25.65 90 days 25.65 
about 98.0
Based on a normal probability distribution, the odds of Proshares Nanotechnology to move above the current price in 90 days from now is about 98.0 (This Proshares Nanotechnology ETF probability density function shows the probability of Proshares Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.45 . 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. Proshares Nanotechnology is significantly underperforming DOW.
   Proshares Nanotechnology Price Density   
       Price  

Predictive Modules for Proshares Nanotechnology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Proshares Nanotechnology. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Proshares Nanotechnology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Proshares Nanotechnology in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
23.4125.6527.89
Details
Intrinsic
Valuation
LowReal ValueHigh
19.9522.1928.22
Details
Naive
Forecast
LowNext ValueHigh
22.0924.3426.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.8529.0133.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Proshares Nanotechnology. Your research has to be compared to or analyzed against Proshares Nanotechnology's peers to derive any actionable benefits. When done correctly, Proshares Nanotechnology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Proshares Nanotechnology.

Proshares Nanotechnology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Proshares Nanotechnology is not an exception. The market had few large corrections towards the Proshares Nanotechnology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Proshares Nanotechnology ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Proshares Nanotechnology within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.04
β
Beta against DOW1.45
σ
Overall volatility
2.38
Ir
Information ratio -0.04

Proshares Nanotechnology Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Proshares Nanotechnology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Proshares Nanotechnology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Proshares Nanotechnology generated a negative expected return over the last 90 days
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 28th of September 2022 Proshares Nanotechnology paid $ 0.0646 per share dividend to its current shareholders
The fund maintains 99.63% of its assets in stocks

Proshares Nanotechnology Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Proshares Etf often depends not only on the future outlook of the current and potential Proshares Nanotechnology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Proshares Nanotechnology's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day280
Average Daily Volume In Three Month352

Proshares Nanotechnology Technical Analysis

Proshares Nanotechnology's future price can be derived by breaking down and analyzing its technical indicators over time. Proshares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Proshares Nanotechnology ETF. In general, you should focus on analyzing Proshares Etf price patterns and their correlations with different microeconomic environments and drivers.

Proshares Nanotechnology Predictive Forecast Models

Proshares Nanotechnology time-series forecasting models is one of many Proshares Nanotechnology's etf analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Proshares Nanotechnology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.

Things to note about Proshares Nanotechnology

Checking the ongoing alerts about Proshares Nanotechnology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Proshares Nanotechnology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Proshares Nanotechnology generated a negative expected return over the last 90 days
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 28th of September 2022 Proshares Nanotechnology paid $ 0.0646 per share dividend to its current shareholders
The fund maintains 99.63% of its assets in stocks
Additionally, take a look at Proshares Nanotechnology Backtesting, Portfolio Optimization, Proshares Nanotechnology Correlation, Proshares Nanotechnology Hype Analysis, Proshares Nanotechnology Volatility, Proshares Nanotechnology History as well as Proshares Nanotechnology Performance. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for analysis

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.