ProShares Etf Buy Hold or Sell Recommendation

HDG
 Etf
  

USD 47.47  0.04  0.08%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ProShares Hedge Replication is 'Hold'. Macroaxis provides ProShares Hedge buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HDG positions. The advice algorithm takes into account all of ProShares Hedge's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from ProShares Hedge's buy-and-hold perspective. Please check ProShares Hedge 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. We conduct extensive research on individual funds such as ProShares and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards ProShares Hedge Replication.

Execute ProShares Hedge 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 Hedge Replication. Macroaxis does not own or have any residual interests in ProShares Hedge Replication or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Hedge's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ProShares HedgeBuy ProShares Hedge
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon ProShares Hedge Replication has a Risk Adjusted Performance of 0.0418, Jensen Alpha of (0.007687), Total Risk Alpha of (0.013858), Sortino Ratio of (0.06) and Treynor Ratio of 0.0395
Our recommendation tool can be used to complement ProShares Hedge trade recommendations provided by experts. It analyzes the entity's potential to grow against your specific risk preferences and investment horizon. Please employ ProShares Hedge three year return and net asset to make buy, hold, or sell decision on ProShares Hedge Repl.

ProShares Hedge Returns Distribution Density

The distribution of ProShares Hedge's historical returns is an attempt to chart the uncertainty of ProShares Hedge's future price movements. The chart of the probability distribution of ProShares Hedge stock daily returns describes the distribution of returns around its average expected value. We use ProShares Hedge Replication price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Hedge returns is essential to provide solid investment advice for ProShares Hedge.
Mean Return0.0279Value At Risk-1.18
Potential Upside1.91Standard Deviation0.84
   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 Hedge 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 Hedge 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 Hedge 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 Hedge'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
-0.0077
β
Beta against NYSE Composite0.45
σ
Overall volatility
0.84
Ir
Information ratio -0.05

ProShares Hedge Volatility Alert

ProShares Hedge Replication exhibits relatively low volatility with skewness of 0.82 and kurtosis of 1.43. However, we advice investors to further investigate ProShares Hedge Replication to ensure all market statistics is disseminated and is consistent with investors' estimations about ProShares Hedge upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Hedge'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 Hedge'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 stocks as prices fall.

ProShares Hedge Fundamentals Vs Peers

Comparing ProShares Hedge'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 Hedge's direct or indirect competition across all of the common fundamentals between ProShares Hedge and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Hedge or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Hedge's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Hedge by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares Hedge to competition
FundamentalsProShares HedgePeer Average
Price to Earning20.43 X3.15 X
Price to Book1.95 X0.39 X
Price to Sales1.18 X0.33 X
One Year Return(12.48) %(0.97) %
Three Year Return0.01 %3.23 %
Five Year Return0.65 %1.12 %
Ten Year Return1.67 %1.20 %
Net Asset39.91 M2.29 B
Last Dividend Paid0.0420.14
Equity Positions Weight41.09 %52.82 %

About ProShares Hedge Buy or Sell Advice

When is the right time to buy or sell ProShares Hedge Replication? 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 Hedge 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?

Run Large Blend Thematic Idea Now

Large Blend
Large Blend Theme
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend theme has 40 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 Large Blend Theme or any other thematic opportunities.
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Please check ProShares Hedge 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. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.