Proshares Online Retail Etf Price on August 27, 2024
| ONLN Etf | USD 44.71 0.24 0.53% |
Below is the normalized historical share price chart for ProShares Online Retail extending back to July 16, 2018. 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 Online stands at 44.71, as last reported on the 21st of November, with the highest price reaching 44.96 and the lowest price hitting 44.43 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 Online Retail maintains Sharpe Ratio (i.e., Efficiency) of 0.0766, which implies the entity had a 0.0766% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Online Retail, which you can use to evaluate the volatility of the etf. Please check ProShares Online's Risk Adjusted Performance of 0.0733, coefficient of variation of 1096.95, and Semi Deviation of 1.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 34.53 | 200 Day MA 40.7409 | 1 y Volatility 26.94 | 50 Day MA 44.4324 | Inception Date 2018-07-13 |
ProShares |
Sharpe Ratio = 0.0766
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Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ProShares Online is performing at about 6% 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 Online by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 44.1 K |
ProShares Online Valuation on August 27, 2024
It is possible to determine the worth of ProShares Online on a given historical date. On August 27, 2024 ProShares was worth 40.14 at the beginning of the trading date compared to the closed value of 39.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Online etf. Still, in general, we apply an absolute valuation method to find ProShares Online'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 Online where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Online's related companies.
| Open | High | Low | Close | Volume | |
| 40.90 | 41.03 | 40.06 | 40.17 | 23,400 | |
08/27/2024 | 40.14 | 40.14 | 39.57 | 39.81 | 10,618 |
| 39.67 | 39.74 | 39.13 | 39.16 | 21,770 |
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ProShares Online Trading Date Momentum on August 27, 2024
| On August 28 2024 ProShares Online Retail was traded for 39.16 at the closing time. The top price for the day was 39.74 and the lowest listed price was 39.13 . The trading volume for the day was 21.8 K. The trading history from August 28, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.63% . The trading delta at closing time against the current closing price is 0.78% . |
ProShares Online Retail Fundamentals Correlations and Trends
By evaluating ProShares Online'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 Online'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 Online Etf history
ProShares Online 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 Online Retail 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 Online stock prices may prove useful in developing a viable investing in ProShares Online
ProShares Online Etf Technical Analysis
ProShares Online 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 Online Period Price Range
Low | November 21, 2024
| High |
0.00 | 0.00 |
ProShares Online Retail 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 Online November 21, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Online 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 Online shares will generate the highest return on investment. By undertsting and applying ProShares Online etf market strength indicators, traders can identify ProShares Online Retail entry and exit signals to maximize returns
ProShares Online Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Online'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 | 0.0733 | |||
| Jensen Alpha | 0.0406 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0233 | |||
| Treynor Ratio | 0.1308 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Online Retail. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of ProShares Online Retail 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 Online's value that differs from its market value or its book value, called intrinsic value, which is ProShares Online'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 Online's market value can be influenced by many factors that don't directly affect ProShares Online'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 Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Online'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.