Proshares K 1 Free Etf Price on December 4, 2023
| OILK Etf | USD 42.58 0.10 0.24% |
Below is the normalized historical share price chart for ProShares K 1 Free extending back to September 28, 2016. 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 stands at 42.58, as last reported on the 12th of December 2024, with the highest price reaching 42.89 and the lowest price hitting 42.49 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 very steady. ProShares K 1 maintains Sharpe Ratio (i.e., Efficiency) of 0.03, which implies the entity had a 0.03% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares K 1, which you can use to evaluate the volatility of the etf. Please check ProShares' Risk Adjusted Performance of 0.0296, coefficient of variation of 3039.94, and Semi Deviation of 1.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.0514%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 22.31 | 200 Day MA 45.5837 | 1 y Volatility 13.86 | 50 Day MA 43.4528 | Inception Date 2016-09-26 |
ProShares |
Sharpe Ratio = 0.03
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| Cash | Small Risk | OILK | High Risk | Huge Risk |
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ProShares is performing at about 2% 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 by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 214.37216 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=18.72764} |
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ProShares Valuation on December 4, 2023
It is possible to determine the worth of ProShares on a given historical date. On December 4, 2023 ProShares was worth 42.03 at the beginning of the trading date compared to the closed value of 42.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares etf. Still, in general, we apply an absolute valuation method to find ProShares' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares' related companies.
| Open | High | Low | Close | Volume | |
| 43.02 | 43.54 | 42.24 | 42.33 | 72,673 | |
12/04/2023 | 42.03 | 42.75 | 41.76 | 42.24 | 150,442 |
| 42.21 | 42.56 | 41.53 | 41.62 | 27,846 |
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ProShares Trading Date Momentum on December 4, 2023
| On December 05 2023 ProShares K 1 Free was traded for 41.62 at the closing time. The top price for the day was 42.56 and the lowest listed price was 41.53 . The trading volume for the day was 27.8 K. The trading history from December 5, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.47% . The trading delta at closing time against the current closing price is 1.73% . |
ProShares K 1 Fundamentals Correlations and Trends
By evaluating ProShares' 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' 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 Etf history
ProShares 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 K 1 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 stock prices may prove useful in developing a viable investing in ProShares
ProShares Etf Technical Analysis
ProShares 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 Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
ProShares K 1 Free cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares 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 shares will generate the highest return on investment. By undertsting and applying ProShares etf market strength indicators, traders can identify ProShares K 1 Free entry and exit signals to maximize returns
ProShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares' 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 | 0.0296 | |||
| Jensen Alpha | 0.0204 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2023 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares K 1 Free. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of ProShares K 1 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.