ProShares Short Etf Forecast - Daily Balance Of Power
| TBF Etf | USD 24.08 0.01 0.04% |
ProShares Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ProShares Short's historical fundamentals, such as revenue growth or operating cash flow patterns.
ProShares |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.79) | (0.33) |
| Check ProShares Short Volatility | Backtest ProShares Short | Trend Details |
ProShares Short Trading Date Momentum
| On February 08 2024 ProShares Short 20 was traded for 22.60 at the closing time. Highest ProShares Short's price during the trading hours was 22.67 and the lowest price during the day was 22.49 . The net volume was 439.7 K. The overall trading history on the 8th of February contributed to the next trading period price rise. The trading price change to the next next day price was 0.85% . The trading delta at closing time to current price is 0.94% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare ProShares Short to competition |
Other Forecasting Options for ProShares Short
For every potential investor in ProShares, whether a beginner or expert, ProShares Short'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 Short's price trends.ProShares Short 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 Short etf to make a market-neutral strategy. Peer analysis of ProShares Short could also be used in its relative valuation, which is a method of valuing ProShares Short by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ProShares Short 20 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 Short'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 Short's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ProShares Short Market Strength Events
Market strength indicators help investors to evaluate how ProShares Short 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 Short shares will generate the highest return on investment. By undertsting and applying ProShares Short etf market strength indicators, traders can identify ProShares Short 20 entry and exit signals to maximize returns.
| Accumulation Distribution | 1350.27 | |||
| Daily Balance Of Power | (0.07) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24.06 | |||
| Day Typical Price | 24.07 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | (0.01) |
ProShares Short Risk Indicators
The analysis of ProShares Short'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 Short'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 | 0.6231 | |||
| Semi Deviation | 0.5575 | |||
| Standard Deviation | 0.8181 | |||
| Variance | 0.6693 | |||
| Downside Variance | 0.5709 | |||
| Semi Variance | 0.3108 | |||
| Expected Short fall | (0.68) |
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.
Currently Active Assets on Macroaxis
When determining whether ProShares Short 20 is a strong investment it is important to analyze ProShares Short's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Short's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:Check out Historical Fundamental Analysis of ProShares Short to cross-verify your projections. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of ProShares Short 20 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.