Proshares Hedge Replication Etf Price on October 31, 2024
| HDG Etf | USD 50.43 0.05 0.1% |
Below is the normalized historical share price chart for ProShares Hedge Replication extending back to July 14, 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 Hedge stands at 50.43, as last reported on the 30th of November, with the highest price reaching 50.46 and the lowest price hitting 50.43 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. At this point, ProShares Hedge is very steady. ProShares Hedge Repl maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for ProShares Hedge Repl, which you can use to evaluate the volatility of the etf. Please check ProShares Hedge's Coefficient Of Variation of 1086.82, risk adjusted performance of 0.0597, and Semi Deviation of 0.346 to confirm if the risk estimate we provide is consistent with the expected return of 0.0456%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 6.49 | 200 Day MA 49.4323 | 1 y Volatility 4.21 | 50 Day MA 49.9718 | Inception Date 2011-07-12 |
ProShares |
Sharpe Ratio = 0.1279
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| Negative Returns | HDG |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average ProShares Hedge is performing at about 10% 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 Hedge by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.6 K |
ProShares Hedge Valuation on October 31, 2024
It is possible to determine the worth of ProShares Hedge on a given historical date. On October 31, 2024 ProShares was worth 49.63 at the beginning of the trading date compared to the closed value of 49.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Hedge etf. Still, in general, we apply an absolute valuation method to find ProShares Hedge'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 Hedge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Hedge's related companies.
| Open | High | Low | Close | Volume | |
| 49.90 | 49.90 | 49.69 | 49.69 | 3,400 | |
10/31/2024 | 49.63 | 49.75 | 49.53 | 49.53 | 926.00 |
| 49.86 | 49.86 | 49.72 | 49.72 | 483.00 |
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ProShares Hedge Trading Date Momentum on October 31, 2024
| On November 01 2024 ProShares Hedge Replication was traded for 49.72 at the closing time. Highest ProShares Hedge's price during the trading hours was 49.86 and the lowest price during the day was 49.72 . The net volume was 483. The overall trading history on the 1st of November contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 0.38% . The trading delta at closing time to current price is 1.82% . |
ProShares Hedge Repl Fundamentals Correlations and Trends
By evaluating ProShares Hedge'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 Hedge'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 Hedge Etf history
ProShares Hedge 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 Hedge Repl 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 Hedge stock prices may prove useful in developing a viable investing in ProShares Hedge
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. Hedge Replication is traded on NYSEARCA Exchange in the United States.
ProShares Hedge Etf Technical Analysis
ProShares Hedge 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 Hedge Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ProShares Hedge Replication 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 Hedge November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Hedge 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 Hedge shares will generate the highest return on investment. By undertsting and applying ProShares Hedge etf market strength indicators, traders can identify ProShares Hedge Replication entry and exit signals to maximize returns
ProShares Hedge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Hedge'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 | 0.0597 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.0763 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Hedge Replication. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of ProShares Hedge Repl 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 Hedge's value that differs from its market value or its book value, called intrinsic value, which is ProShares Hedge'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 Hedge's market value can be influenced by many factors that don't directly affect ProShares Hedge'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 Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Hedge'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.