Proshares Ultrashort Bloomberg Etf Price on November 14, 2024
| KOLD Etf | USD 55.16 2.02 3.53% |
Below is the normalized historical share price chart for ProShares UltraShort 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 UltraShort stands at 55.16, as last reported on the 27th of November, with the highest price reaching 58.15 and the lowest price hitting 53.68 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. ProShares UltraShort maintains Sharpe Ratio (i.e., Efficiency) of -0.0538, which implies the entity had a -0.0538% return per unit of risk over the last 3 months. ProShares UltraShort exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares UltraShort's Coefficient Of Variation of (1,944), variance of 33.5, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 146.5 | 200 Day MA 65.1581 | 1 y Volatility 129.21 | 50 Day MA 67.967 | Inception Date 2011-10-04 |
ProShares |
Sharpe Ratio = -0.0538
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| Negative Returns | KOLD |
Estimated Market Risk
| 5.86 actual daily | 52 52% of assets are less volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares UltraShort 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 UltraShort by adding ProShares UltraShort to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
ProShares UltraShort Valuation on November 14, 2024
It is possible to determine the worth of ProShares UltraShort on a given historical date. On November 14, 2024 ProShares was worth 69.16 at the beginning of the trading date compared to the closed value of 74.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares UltraShort etf. Still, in general, we apply an absolute valuation method to find ProShares UltraShort'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 UltraShort where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares UltraShort's related companies.
| Open | High | Low | Close | Volume | |
| 72.41 | 73.00 | 66.32 | 66.51 | 2,818,912 | |
11/14/2024 | 69.16 | 74.72 | 68.07 | 74.48 | 2,432,824 |
| 74.86 | 75.24 | 71.50 | 71.96 | 1,323,488 |
| Backtest ProShares UltraShort | | | ProShares UltraShort History | | | ProShares UltraShort Valuation | Previous | Next |
ProShares UltraShort Trading Date Momentum on November 14, 2024
| On November 15 2024 ProShares UltraShort Bloomberg was traded for 71.96 at the closing time. The top price for the day was 75.24 and the lowest listed price was 71.50 . The trading volume for the day was 1.3 M. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.38% . The trading delta at closing time against the current closing price is 25.24% . |
ProShares UltraShort Fundamentals Correlations and Trends
By evaluating ProShares UltraShort'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 UltraShort'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 UltraShort Etf history
ProShares UltraShort 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 UltraShort 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 UltraShort stock prices may prove useful in developing a viable investing in ProShares UltraShort
ProShares UltraShort Etf Technical Analysis
ProShares UltraShort 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 UltraShort Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
ProShares UltraShort 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 UltraShort November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares UltraShort 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 UltraShort shares will generate the highest return on investment. By undertsting and applying ProShares UltraShort etf market strength indicators, traders can identify ProShares UltraShort Bloomberg entry and exit signals to maximize returns
ProShares UltraShort Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares UltraShort'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 | (0.03) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | (0.43) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort 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 bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of ProShares UltraShort 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 UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort'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 UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort'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 UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort'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.