Proshares Etf Buy Hold or Sell Recommendation

TINY
 Etf
  

USD 25.65  0.38  1.46%   

Given the investment horizon of 90 days and your conservative attitude towards risk, our recommendation regarding Proshares Nanotechnology ETF is 'Strong Sell'. Macroaxis provides Proshares Nanotechnology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TINY positions. The advice algorithm takes into account all of Proshares Nanotechnology's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Proshares Nanotechnology's buy-and-hold perspective. Additionally, take a look at Proshares Nanotechnology 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 Nanotechnology ETF.

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Proshares NanotechnologyBuy Proshares Nanotechnology
Strong Sell

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 Nanotechnology ETF has a Mean Deviation of 1.75, Standard Deviation of 2.24 and Variance of 5.01
Our recommendation module complements current analysts and expert consensus on Proshares Nanotechnology. It analyzes the etf potential to grow using all fundamental, technical, and market related data available at the time. To make sure Proshares Nanotechnology is not overpriced, please check all Proshares Nanotechnology fundamentals, including its cash flow from operations, and the relationship between the net income and retained earnings .

Proshares Nanotechnology Trading Alerts and Improvement Suggestions

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 Returns Distribution Density

The distribution of Proshares Nanotechnology's historical returns is an attempt to chart the uncertainty of Proshares Nanotechnology's future price movements. The chart of the probability distribution of Proshares Nanotechnology stock daily returns describes the distribution of returns around its average expected value. We use Proshares Nanotechnology ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Proshares Nanotechnology returns is essential to provide solid investment advice for Proshares Nanotechnology.
Mean Return-0.2Value At Risk-3.21
Potential Upside3.52Standard Deviation2.24
   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 Nanotechnology 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 Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Proshares Nanotechnology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Proshares Nanotechnology ETF backward and forwards among themselves. Proshares Nanotechnology's institutional investor refers to the entity that pools money to purchase Proshares Nanotechnology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Jpmorgan Chase CoFund Units14.8 K441 K
Note, although Proshares Nanotechnology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Proshares Nanotechnology 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 Nanotechnology 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 Nanotechnology'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 DOW
-0.04
β
Beta against DOW1.45
σ
Overall volatility
2.24
Ir
Information ratio -0.04

Proshares Nanotechnology Volatility Alert

Proshares Nanotechnology ETF exhibits very low volatility with skewness of -0.1 and kurtosis of 0.41. However, we advise investors to further study Proshares Nanotechnology ETF technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Proshares Nanotechnology'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 Nanotechnology'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 Nanotechnology Fundamentals Vs Peers

Comparing Proshares Nanotechnology'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 Nanotechnology's direct or indirect competition across all of the common fundamentals between Proshares Nanotechnology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Proshares Nanotechnology or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Proshares Nanotechnology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Proshares Nanotechnology by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Proshares Nanotechnology to competition
FundamentalsProshares NanotechnologyPeer Average
Price to Earning(2.45) X3.15 X
Price to Book0.50 X0.39 X
Price to Sales22.42 X0.33 X
Beta0.35
Net Asset2.23 M2.29 B
Equity Positions Weight99.63 %52.82 %

Proshares Nanotechnology 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.

About Proshares Nanotechnology Buy or Sell Advice

When is the right time to buy or sell Proshares Nanotechnology ETF? 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 Nanotechnology 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 Heavy Metals Thematic Idea Now

Heavy Metals
Heavy Metals Theme
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals 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 Heavy Metals Theme or any other thematic opportunities.
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Additionally, take a look at Proshares Nanotechnology 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.