Proshares Ultra Msci Etf Price on November 27, 2024
EET Etf | USD 55.49 0.47 0.85% |
Below is the normalized historical share price chart for ProShares Ultra MSCI extending back to June 04, 2009. 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 55.49, as last reported on the 11th of December 2024, with the highest price reaching 55.49 and the lowest price hitting 55.26 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. Currently, ProShares Ultra MSCI is very steady. ProShares Ultra MSCI maintains Sharpe Ratio (i.e., Efficiency) of 0.0389, which implies the entity had a 0.0389% return per unit of risk over the last 3 months. We have found thirty technical indicators for ProShares Ultra MSCI, which you can use to evaluate the volatility of the etf. Please check ProShares Ultra's Coefficient Of Variation of 1903.0, risk adjusted performance of 0.0449, and Semi Deviation of 1.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.0928%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 36.01 | 200 Day MA 54.4813 | 1 y Volatility 21.58 | 50 Day MA 57.6098 | Inception Date 2009-06-02 |
ProShares |
Sharpe Ratio = 0.0389
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Estimated Market Risk
2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average ProShares Ultra is performing at about 3% of its full potential. 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 it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
ProShares Ultra Valuation on November 27, 2024
It is possible to determine the worth of ProShares Ultra on a given historical date. On November 27, 2024 ProShares was worth 53.72 at the beginning of the trading date compared to the closed value of 53.15. 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 | |
53.12 | 53.12 | 53.10 | 53.10 | 600.00 | |
11/27/2024 | 53.72 | 53.72 | 53.15 | 53.15 | 640.00 |
52.19 | 53.29 | 52.19 | 53.29 | 1,219 |
Backtest ProShares Ultra | | | ProShares Ultra History | | | ProShares Ultra Valuation | Previous | Next |
ProShares Ultra Trading Date Momentum on November 27, 2024
On November 29 2024 ProShares Ultra MSCI was traded for 53.29 at the closing time. Highest ProShares Ultra's price during the trading hours was 53.29 and the lowest price during the day was 52.19 . The net volume was 1.2 K. The overall trading history on the 29th of November contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.26% . The trading delta at closing time to current price is 8.03% . |
ProShares Ultra MSCI 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 MSCI 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
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra MSCI is traded on NYSEARCA Exchange in the United States.
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 | December 11, 2024
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0.00 | 0.00 |
ProShares Ultra MSCI 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 December 11, 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 MSCI 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 | 0.0449 | |||
Jensen Alpha | 0.0711 | |||
Total Risk Alpha | (0.26) | |||
Sortino Ratio | (0.000051) | |||
Treynor Ratio | 0.3028 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra MSCI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of ProShares Ultra MSCI 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.