Proshares Supply Chain Etf Price on November 27, 2024
| SUPL Etf | USD 41.68 0.14 0.33% |
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 Supply stands at 41.68, as last reported on the 28th of November, with the highest price reaching 41.84 and the lowest price hitting 41.68 during the day. As of now, ProShares Etf is very steady. ProShares Supply Chain maintains Sharpe Ratio (i.e., Efficiency) of 0.0544, which implies the entity had a 0.0544% return per unit of risk over the last 3 months. We have found thirty technical indicators for ProShares Supply Chain, which you can use to evaluate the volatility of the etf. Please check ProShares Supply's Coefficient Of Variation of 1785.31, risk adjusted performance of 0.0442, and Semi Deviation of 0.9013 to confirm if the risk estimate we provide is consistent with the expected return of 0.0488%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ProShares |
Sharpe Ratio = 0.0544
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| Negative Returns | SUPL |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average ProShares Supply is performing at about 4% 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 Supply by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 23.2 K |
ProShares Supply Valuation on November 27, 2024
It is possible to determine the worth of ProShares Supply on a given historical date. On November 27, 2024 ProShares was worth 41.84 at the beginning of the trading date compared to the closed value of 41.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Supply etf. Still, in general, we apply an absolute valuation method to find ProShares Supply'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 Supply where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Supply's related companies.
| Open | High | Low | Close | Volume | |
| 41.82 | 41.82 | 41.82 | 41.82 | 100.00 | |
11/27/2024 | 41.84 | 41.84 | 41.68 | 41.68 | 800.00 |
| Backtest ProShares Supply | | | ProShares Supply History | | | ProShares Supply Valuation | Previous |
ProShares Supply Trading Date Momentum on November 27, 2024
| On November 27 2024 ProShares Supply Chain was traded for 41.68 at the closing time. The top price for the day was 41.84 and the lowest listed price was 41.68 . The trading volume for the day was 800. The trading history from November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.38% . |
ProShares Supply Chain Fundamentals Correlations and Trends
By evaluating ProShares Supply'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 Supply'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 Supply Etf history
ProShares Supply 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 Supply Chain 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 Supply stock prices may prove useful in developing a viable investing in ProShares Supply
ProShares Supply Etf Technical Analysis
ProShares Supply 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 Supply Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
ProShares Supply Chain 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 Supply November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Supply 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 Supply shares will generate the highest return on investment. By undertsting and applying ProShares Supply etf market strength indicators, traders can identify ProShares Supply Chain entry and exit signals to maximize returns
ProShares Supply Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Supply'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 | 0.0442 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0531 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Supply Chain. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of ProShares Supply Chain 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 Supply's value that differs from its market value or its book value, called intrinsic value, which is ProShares Supply'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 Supply's market value can be influenced by many factors that don't directly affect ProShares Supply'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 Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Supply'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.