+Compare
HDG
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
32.62M

HDG ProShares Hedge Replication Forecast, Technical & Fundamental Analysis

Category LargeBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for HDG with price predictions
07:00 PM EST Dec 04, 2023

HDG in upward trend: 10-day moving average broke above 50-day moving average on November 15, 2023

The 10-day moving average for HDG crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on HDG as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HDG just turned positive on November 02, 2023. Looking at past instances where HDG's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

HDG moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HDG advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 302 cases where HDG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for HDG moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for HDG moved below the 200-day moving average on November 03, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HDG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HDG broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Chord Energy Corp (NASDAQ:CHRD), Intra-Cellular Therapies (NASDAQ:ITCI), Valaris Limited (NYSE:VAL), StoneCo Ltd (NASDAQ:STNE), KB Home (NYSE:KBH), Synaptics (NASDAQ:SYNA), Goodyear Tire & Rubber Company (The) (NASDAQ:GT), Abercrombie & Fitch Co (NYSE:ANF), Signet Jewelers Limited (NYSE:SIG), 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 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 1.34B. The market cap for tickers in the group ranges from 15.26M to 15.48B. SMCI holds the highest valuation in this group at 15.48B. The lowest valued company is PTRA at 15.26M.

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 1%, and the average quarterly price growth was 1%. HA experienced the highest price growth at 210%, while BIVI experienced the biggest fall at -65%.

Volume

The average weekly volume growth across all stocks in the ProShares Hedge Replication ETF was 17%. For the same stocks of the ETF, the average monthly volume growth was -16% and the average quarterly volume growth was 11%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 62
Price Growth Rating: 55
SMR Rating: 73
Profit Risk Rating: 80
Seasonality Score: 26 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Multistrategy
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
DLACX20.57N/A
N/A
BNY Mellon Large Cap Equity Y
UIVNX10.54N/A
N/A
MFS Intrinsic Value R2
DPRRX11.86-0.02
-0.17%
Delaware Global Listed Real Assets R
RLIEX16.14-0.06
-0.37%
Lazard International Equity R6
APDMX33.31-0.25
-0.74%
Artisan Mid Cap Advisor

HDG and

Correlation & Price change

A.I.dvisor tells us that HDG and FLSP have been poorly correlated (+14% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that HDG and FLSP's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HDG
1D Price
Change %
HDG100%
-0.22%
FLSP - HDG
14%
Poorly correlated
-0.07%
HFND - HDG
-1%
Poorly correlated
-0.05%
DALT - HDG
-2%
Poorly correlated
-0.35%
QAI - HDG
-17%
Poorly correlated
+0.16%