Notable companies
The most notable companies in this group are Chord Energy Corp (NASDAQ:CHRD), Intra-Cellular Therapies (NASDAQ:ITCI), Abercrombie & Fitch Co (NYSE:ANF), Valaris Limited (NYSE:VAL), KB Home (NYSE:KBH), StoneCo Ltd (NASDAQ:STNE), Shake Shack (NYSE:SHAK), Signet Jewelers Limited (NYSE:SIG), Goodyear Tire & Rubber Company (The) (NASDAQ:GT), Scorpio Tankers (NYSE:STNG).
Industry description
The investment seeks investment results, before fees and expenses, that track the performance of the Merrill Lynch Factor Model-Exchange Series (the "benchmark").
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. The benchmark seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index (the "HFRI"). The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. The fund is non-diversified.
Market Cap
The average market capitalization across the ProShares Hedge Replication ETF is 1.77B. The market cap for tickers in the group ranges from 25.36K to 59.14B. SMCI holds the highest valuation in this group at 59.14B. The lowest valued company is VAXX at 25.36K.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Hedge Replication ETF was -1%. For the same ETF, the average monthly price growth was -0%, and the average quarterly price growth was 3%. MVST experienced the highest price growth at 303%, while EYEN experienced the biggest fall at -79%.
Volume
The average weekly volume growth across all stocks in the ProShares Hedge Replication ETF was -7%. For the same stocks of the ETF, the average monthly volume growth was 45% and the average quarterly volume growth was 72%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 60
P/E Growth Rating: 56
Price Growth Rating: 52
SMR Rating: 69
Profit Risk Rating: 72
Seasonality Score: 27 (-100 ... +100)