ProShares Nasdaq Etf Forecast - Period Momentum Indicator
IQQQ Etf | 43.23 0.40 0.93% |
ProShares Etf Forecast is based on your current time horizon.
ProShares |
Check ProShares Nasdaq Volatility | Backtest ProShares Nasdaq | Information Ratio |
ProShares Nasdaq Trading Date Momentum
On November 30 2024 ProShares Nasdaq 100 High was traded for 43.23 at the closing time. The top price for the day was 43.35 and the lowest listed price was 42.95 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.65% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for ProShares Nasdaq
For every potential investor in ProShares, whether a beginner or expert, ProShares Nasdaq's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ProShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ProShares. Basic forecasting techniques help filter out the noise by identifying ProShares Nasdaq's price trends.ProShares Nasdaq Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares Nasdaq etf to make a market-neutral strategy. Peer analysis of ProShares Nasdaq could also be used in its relative valuation, which is a method of valuing ProShares Nasdaq by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
ProShares Nasdaq 100 Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ProShares Nasdaq's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ProShares Nasdaq's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
ProShares Nasdaq Market Strength Events
Market strength indicators help investors to evaluate how ProShares Nasdaq etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProShares Nasdaq shares will generate the highest return on investment. By undertsting and applying ProShares Nasdaq etf market strength indicators, traders can identify ProShares Nasdaq 100 High entry and exit signals to maximize returns.
ProShares Nasdaq Risk Indicators
The analysis of ProShares Nasdaq's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ProShares Nasdaq's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting proshares etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.7556 | |||
Semi Deviation | 1.05 | |||
Standard Deviation | 1.05 | |||
Variance | 1.11 | |||
Downside Variance | 1.54 | |||
Semi Variance | 1.09 | |||
Expected Short fall | (0.75) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with ProShares Nasdaq
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares Nasdaq position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares Nasdaq will appreciate offsetting losses from the drop in the long position's value.Moving together with ProShares Etf
0.93 | JEPI | JPMorgan Equity Premium | PairCorr |
0.95 | XYLD | Global X SP | PairCorr |
0.9 | DIVO | Amplify CWP Enhanced | PairCorr |
0.9 | RYLD | Global X Russell | PairCorr |
0.94 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
The ability to find closely correlated positions to ProShares Nasdaq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares Nasdaq when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares Nasdaq - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares Nasdaq 100 High to buy it.
The correlation of ProShares Nasdaq is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares Nasdaq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Nasdaq 100 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares Nasdaq can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of ProShares Nasdaq to cross-verify your projections. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of ProShares Nasdaq 100 is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is ProShares Nasdaq's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Nasdaq's market value can be influenced by many factors that don't directly affect ProShares Nasdaq's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Nasdaq's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.