Proshares On Demand Etf Price on April 25, 2024
| OND Etf | USD 34.93 0.21 0.60% |
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of ProShares stands at 34.93, as last reported on the 11th of December 2024, with the highest price reaching 34.98 and the lowest price hitting 34.86 during the day. ProShares appears to be very steady, given 3 months investment horizon. ProShares On Demand maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares On Demand, which you can use to evaluate the volatility of the etf. Please evaluate ProShares' Coefficient Of Variation of 410.27, risk adjusted performance of 0.1799, and Semi Deviation of 0.772 to confirm if our risk estimates are consistent with your expectations.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ProShares |
Sharpe Ratio = 0.2155
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Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average ProShares is performing at about 16% 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 36.2 K |
ProShares Valuation on April 25, 2024
It is possible to determine the worth of ProShares on a given historical date. On April 25, 2024 ProShares was worth 26.92 at the beginning of the trading date compared to the closed value of 26.92. 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 | |
| 27.18 | 27.18 | 26.78 | 26.78 | 300.00 | |
04/25/2024 | 26.92 | 26.92 | 26.92 | 26.92 | 100.00 |
| 27.42 | 27.42 | 27.29 | 27.30 | 300.00 |
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ProShares Trading Date Momentum on April 25, 2024
| On April 26 2024 ProShares On Demand ETF was traded for 27.30 at the closing time. Highest ProShares's price during the trading hours was 27.42 and the lowest price during the day was 27.29 . The net volume was 300. The overall trading history on the 26th of April contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.41% . The trading delta at closing time to current price is 5.87% . |
ProShares On Demand 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 On Demand 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
The index includes companies whose principal business is the provision of platforms and services for on-demand access to lifestyle needs including digital media, egaming, fitness, food delivery, ridesharing, or virtual reality experiences, as determined by the index methodology. Proshares On-Demand is traded on NYSEARCA Exchange in the United States.
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 11, 2024
| High |
0.00 | 0.00 |
ProShares On Demand ETF 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 December 11, 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 On Demand ETF 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 | 0.1799 | |||
| Jensen Alpha | 0.2036 | |||
| Total Risk Alpha | 0.0904 | |||
| Sortino Ratio | 0.1523 | |||
| Treynor Ratio | 0.433 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares On Demand ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of ProShares On Demand 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.