ProShares Nanotechnology Etf Target Price and Analyst Consensus

TINY
 Etf
  

USD 30.97  0.00  0.00%   

Analysts of ProShares Nanotechnology render investment recommendations by dissecting financials, analyzing earning calls, and talking to ProShares Nanotechnology vendors, executives, and customers to validate their buy-or-sell advice. Unfortunately, the analyst consensus on ProShares Nanotechnology is currently unavailable. Please use our comprehensive buy-or-sell advice module to check the latest Macroaxis investment opinion on ProShares Nanotechnology
  
Gross Profit is likely to rise to about 1.2 M in 2022, whereas Profit Margin is likely to drop (58.17)  in 2022. ProShares Nanotechnology Trade and Non Trade Receivables is fairly stable at the moment as compared to the past year. ProShares Nanotechnology reported Trade and Non Trade Receivables of 26,869.75 in 2021

About ProShares Nanotechnology Target Price Projections

ProShares Nanotechnology's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to etfs such as ProShares Nanotechnology and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Etf is worth and where the price will be in a year from now. Generally, the target price of ProShares depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for ProShares Nanotechnology ETF including analysis of its current option contracts.
ProShares Nanotechnology's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 0.0 with a put-to-call open interest ratio of 0.0 over 42 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2022-12-16. The current put volume is at 0, with calls trading at the volume of 0. This yields a 0.0 put-to-call volume ratio. The ProShares Nanotechnology option chain provides detailed quote and price information for the current ProShares Nanotechnology ETF option contracts. It shows all of ProShares Nanotechnology's listed puts, calls, expiration dates, strike prices, and other pricing information.
ProShares Nanotechnology's stock options are financial instruments that give investors the right to buy or sell shares of ProShares Nanotechnology common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ProShares stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ProShares Nanotechnology's stock price goes up or down, the stock options follow.
Additionally, take a look at Macroaxis Advice on ProShares Nanotechnology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

ProShares Current Options Market Mood

ProShares Nanotechnology's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps ProShares Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Volume

Most options investors, including buyers and sellers of ProShares Nanotechnology's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. ProShares Nanotechnology's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current ProShares Nanotechnology's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional ProShares Nanotechnology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Etf value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ProShares Nanotechnology is a key component of ProShares Nanotechnology valuation and have some predictive power on the future returns of a ProShares Nanotechnology.
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
28.6030.9733.34
Details
Intrinsic
Valuation
LowReal ValueHigh
27.8530.2232.59
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.

Additional ProShares Nanotechnology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Etf value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ProShares Nanotechnology is a key component of ProShares Nanotechnology valuation and have some predictive power on the future returns of a ProShares Nanotechnology.
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
28.6030.9733.34
Details
Intrinsic
Valuation
LowReal ValueHigh
27.8530.2232.59
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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Software
Invested over 20 shares
Impulse
Invested over 200 shares
Momentum
Invested few shares
Top FinTech
Invested over 60 shares
Disruptive Technologies
Invested few shares
Macroaxis Index
Invested one share
Additionally, take a look at Macroaxis Advice on ProShares Nanotechnology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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The data published in ProShares Nanotechnology's official financial statements usually reflect ProShares Nanotechnology's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ProShares Nanotechnology. For example, before you start analyzing numbers published by ProShares accountants, it's critical to develop an understanding of what ProShares Nanotechnology's liquidity, profitability, and earnings quality are in the context of the ProShares space in which it operates.
Please note, the presentation of ProShares Nanotechnology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProShares Nanotechnology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ProShares Nanotechnology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ProShares Nanotechnology ETF. Please utilize our Beneish M Score to check the likelihood of ProShares Nanotechnology's management to manipulate its earnings.