Proshares Dj Brookfield Etf Price on October 17, 2024
| TOLZ Etf | USD 52.66 0.29 0.55% |
Below is the normalized historical share price chart for ProShares DJ Brookfield extending back to March 27, 2014. 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 52.66, as last reported on the 29th of November, with the highest price reaching 52.70 and the lowest price hitting 52.41 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. At this stage we consider ProShares Etf to be very steady. ProShares DJ Brookfield maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for ProShares DJ Brookfield, which you can use to evaluate the volatility of the etf. Please check ProShares' Coefficient Of Variation of 607.04, semi deviation of 0.4407, and Risk Adjusted Performance of 0.1236 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.86 | 200 Day MA 47.5287 | 1 y Volatility 13.23 | 50 Day MA 50.693 | Inception Date 2014-03-25 |
ProShares |
Sharpe Ratio = 0.1697
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average ProShares is performing at about 13% 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 32.1 K |
ProShares Valuation on October 17, 2024
It is possible to determine the worth of ProShares on a given historical date. On October 17, 2024 ProShares was worth 51.11 at the beginning of the trading date compared to the closed value of 50.94. 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 | |
| 51.03 | 51.26 | 51.03 | 51.26 | 309,677 | |
10/17/2024 | 51.11 | 51.18 | 50.93 | 50.94 | 201,362 |
| 51.00 | 51.30 | 50.94 | 51.30 | 18,422 |
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ProShares Trading Date Momentum on October 17, 2024
| On October 18 2024 ProShares DJ Brookfield was traded for 51.30 at the closing time. The top price for the day was 51.30 and the lowest listed price was 50.94 . The trading volume for the day was 18.4 K. The trading history from October 18, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.71% . The trading delta at closing time against the current closing price is 1.02% . |
ProShares DJ Brookfield 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 DJ Brookfield 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 consists of companies that qualify as pure-play infrastructure companies-companies whose primary business is the ownership and operation of infrastructure assets, activities that generally generate long-term stable cash flows. DJ Brookfield 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 | November 29, 2024
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0.00 | 0.00 |
ProShares DJ Brookfield 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 November 29, 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 DJ Brookfield 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 | 0.1236 | |||
| Jensen Alpha | 0.0649 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4156 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares DJ Brookfield. 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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of ProShares DJ Brookfield 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.