Proshares Cash and Equivalents

TINY
 Etf
  

USD 29.98  0.02  0.07%   

Proshares Nanotechnology ETF fundamentals help investors to digest information that contributes to Proshares Nanotechnology's financial success or failures. It also enables traders to predict the movement of Proshares Etf. The fundamental analysis module provides a way to measure Proshares Nanotechnology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Proshares Nanotechnology etf.
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Cash and Equivalents is likely to rise to about 17.4 M in 2022, whereas Free Cash Flow is likely to drop (6 M) in 2022.

Proshares Cash and Equivalents Analysis

Proshares Nanotechnology's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Proshares Nanotechnology Cash and Equivalents

17.4 Million

Cash 
 = 
Bank Deposits 
+  
Liquidities 
More About Cash and Equivalents | All Equity Analysis

Current Proshares Nanotechnology Cash and Equivalents

    
  17.92 M  
Most of Proshares Nanotechnology's fundamental indicators, such as Cash and Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Proshares Nanotechnology ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Proshares Cash and Equivalents Historical Pattern

Today, most investors in Proshares Nanotechnology Etf are looking for potential investment opportunities by analyzing not only static indicators but also various Proshares Nanotechnology's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Proshares Nanotechnology cash and equivalents as a starting point in their analysis.
   Proshares Nanotechnology Cash and Equivalents   
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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Proshares Nanotechnology Cash and Equivalents Component Assessment

In accordance with the recently published financial statements, Proshares Nanotechnology ETF has 17.92 M in Cash and Equivalents. This is much higher than that of the ProShares family and significantly higher than that of the Technology category. The cash and equivalents for all United States etfs is notably lower than that of the firm.

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Fund Asset Allocation for Proshares Nanotechnology

The fund invests 99.7% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
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Proshares Fundamentals

About Proshares Nanotechnology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Proshares Nanotechnology ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Proshares Nanotechnology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Proshares Nanotechnology ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cash and Equivalents16.1 M17.4 M
Cash and Equivalents Turnover 0.12  0.12 
Free Cash Flow-5.9 M-6 M

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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 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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Additionally, take a look at Proshares Nanotechnology Piotroski F Score and Proshares Nanotechnology Altman Z Score analysis. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.