Proshares Ultra Bloomberg Etf Price on November 21, 2024
| BOIL Etf | USD 45.89 3.74 8.87% |
Below is the normalized historical share price chart for ProShares Ultra Bloomberg extending back to October 06, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ProShares Ultra stands at 45.89, as last reported on the 29th of November, with the highest price reaching 47.20 and the lowest price hitting 44.71 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. As of now, ProShares Etf is not too volatile. ProShares Ultra Bloomberg maintains Sharpe Ratio (i.e., Efficiency) of 0.0122, which implies the entity had a 0.0122% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Ultra Bloomberg, which you can use to evaluate the volatility of the etf. Please check ProShares Ultra's Semi Deviation of 6.5, risk adjusted performance of 0.0254, and Coefficient Of Variation of 4602.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.0759%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 139.83 | 200 Day MA 63.5891 | 1 y Volatility 85.31 | 50 Day MA 46.0708 | Inception Date 2011-10-04 |
ProShares |
Sharpe Ratio = 0.0122
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| Cash | Small Risk | Average Risk | BOIL | Huge Risk |
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Estimated Market Risk
| 6.22 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Ultra is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares Ultra by adding ProShares Ultra to a well-diversified portfolio.
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ProShares Ultra Valuation on November 21, 2024
It is possible to determine the worth of ProShares Ultra on a given historical date. On November 21, 2024 ProShares was worth 52.89 at the beginning of the trading date compared to the closed value of 51.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Ultra etf. Still, in general, we apply an absolute valuation method to find ProShares Ultra's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares Ultra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Ultra's related companies.
| Open | High | Low | Close | Volume | |
| 46.17 | 49.15 | 45.45 | 48.74 | 4,755,521 | |
11/21/2024 | 52.89 | 53.70 | 49.08 | 51.38 | 4,129,177 |
| 45.48 | 46.39 | 44.06 | 45.54 | 4,181,364 |
| Backtest ProShares Ultra | | | ProShares Ultra History | | | ProShares Ultra Valuation | Previous | Next |
ProShares Ultra Trading Date Momentum on November 21, 2024
| On November 22 2024 ProShares Ultra Bloomberg was traded for 45.54 at the closing time. The top price for the day was 46.39 and the lowest listed price was 44.06 . The trading volume for the day was 4.2 M. The trading history from November 22, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 11.37% . The trading delta at closing time against the current closing price is 11.85% . |
ProShares Ultra Bloomberg Fundamentals Correlations and Trends
By evaluating ProShares Ultra's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ProShares Ultra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ProShares Ultra Etf history
ProShares Ultra investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ProShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ProShares Ultra Bloomberg will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ProShares Ultra stock prices may prove useful in developing a viable investing in ProShares Ultra
ProShares Ultra Etf Technical Analysis
ProShares Ultra technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
ProShares Ultra Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
ProShares Ultra Bloomberg cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ProShares Ultra November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Ultra 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 Ultra shares will generate the highest return on investment. By undertsting and applying ProShares Ultra etf market strength indicators, traders can identify ProShares Ultra Bloomberg entry and exit signals to maximize returns
ProShares Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Ultra's price direction in advance. Along with the technical and fundamental analysis of ProShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of ProShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0254 | |||
| Jensen Alpha | 0.1799 | |||
| Total Risk Alpha | (0.80) | |||
| Sortino Ratio | 0.0011 | |||
| Treynor Ratio | (0.25) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. 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 Ultra Bloomberg 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.