Notable companies
The most notable companies in this group are Abercrombie & Fitch Co (NYSE:ANF), Valaris Limited (NYSE:VAL), KB Home (NYSE:KBH), Transocean Ltd (NYSE:RIG), StoneCo Ltd (NASDAQ:STNE), Shake Shack (NYSE:SHAK), Signet Jewelers Limited (NYSE:SIG), Goodyear Tire & Rubber Company (The) (NASDAQ:GT), Scorpio Tankers (NYSE:STNG), California Resources Corp (NYSE:CRC).
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 is designed to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation with the HFRI Composite Index (the “HFRI”). It will the fund will invest at least 80% of its total assets in components of the Benchmark or in instruments with similar economic characteristics. The fund is non-diversified.
Market Cap
The average market capitalization across the ProShares Hedge Replication ETF is 1.63B. The market cap for tickers in the group ranges from 1.33M to 16.9B. SMMT holds the highest valuation in this group at 16.9B. The lowest valued company is BIOA at 1.33M.
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 4%, and the average quarterly price growth was 0%. LSEA experienced the highest price growth at 90%, while CODI experienced the biggest fall at -54%.
Volume
The average weekly volume growth across all stocks in the ProShares Hedge Replication ETF was 21%. For the same stocks of the ETF, the average monthly volume growth was 43% and the average quarterly volume growth was 28%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 58
P/E Growth Rating: 59
Price Growth Rating: 55
SMR Rating: 70
Profit Risk Rating: 72
Seasonality Score: 21 (-100 ... +100)