Is ProShares OnDemand ETF stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, ProShares OnDemand ETF pays dividends. Last time was Thursday 28th of December 2023 where the investors holding the stock on Wednesday 20th of December 2023 were paid $0.19143 per share. Over the last 1 times between 2023 and 2023, ProShares OnDemand ETF has paid $0.19143 with an average of $0.19 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for ProShares OnDemand ETF 10 years ago, but if you had invested on Wednesday 27th of October 2021 when the price was $39.23, you would have made a loss of $-4.80 per share or -12.25%
No, the average daily trading liquidity for ProShares OnDemand ETF is $371 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
ProShares OnDemand ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for ProShares OnDemand ETF to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.