ProShares Working Capital

TINY
 Etf
  

USD 31.09  1.11  3.70%   

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.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Invested Capital is likely to rise to about 140.2 M in 2022. Invested Capital Average is likely to rise to about 124.5 M in 2022.

ProShares Working Capital Analysis

ProShares Nanotechnology's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
 2015 2016 2021 2022 (projected)
Current Assets18.88 M16.09 M18.5 M27.51 M
Total Assets96.46 M74.62 M85.82 M116.41 M
Working Capital 
 = 
Current Assets 
Current Liabilities 
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Current ProShares Nanotechnology Working Capital

    
  16.41 M  
Most of ProShares Nanotechnology's fundamental indicators, such as Working Capital, 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 Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for ProShares Nanotechnology is extremely important. It helps to project a fair market value of Ford etf properly, considering its historical fundamentals such as Working Capital. Since ProShares Nanotechnology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ProShares Nanotechnology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ProShares Nanotechnology's interrelated accounts and indicators.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Compare to competition

ProShares Nanotechnology Working Capital Component Assessment

Based on the company's disclosures, ProShares Nanotechnology ETF has a Working Capital of 16.41 M. This is much higher than that of the ProShares family and significantly higher than that of the Technology category. The working capital 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.
   Value   
       Instrument Type  

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
Invested Capital134 M140.2 M
Invested Capital Average101.2 M124.5 M
Market Capitalization78.2 M116.2 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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Pair Correlation

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Currently Active Assets on Macroaxis

Additionally, take a look at ProShares Nanotechnology Piotroski F Score and ProShares Nanotechnology Altman Z Score analysis. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.