ProShares Ultra's market value is the price at which a share of ProShares Ultra trades on a public exchange. It measures the collective expectations of ProShares Ultra NVDA investors about its performance. ProShares Ultra is trading at 28.15 as of the 2nd of January 2026, a 1.26 percent decrease since the beginning of the trading day. The etf's open price was 28.51. With this module, you can estimate the performance of a buy and hold strategy of ProShares Ultra NVDA and determine expected loss or profit from investing in ProShares Ultra over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.
Symbol
ProShares
ProShares Ultra 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ProShares Ultra's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ProShares Ultra.
0.00
12/03/2025
No Change 0.00
0.0
In 30 days
01/02/2026
0.00
If you would invest 0.00 in ProShares Ultra on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding ProShares Ultra NVDA or generate 0.0% return on investment in ProShares Ultra over 30 days.
ProShares Ultra Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ProShares Ultra's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ProShares Ultra NVDA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ProShares Ultra's standard deviation. In reality, there are many statistical measures that can use ProShares Ultra historical prices to predict the future ProShares Ultra's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares Ultra's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ProShares Ultra NVDA Backtested Returns
At this point, ProShares Ultra is not too volatile. ProShares Ultra NVDA maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for ProShares Ultra NVDA, which you can use to evaluate the volatility of the etf. Please check ProShares Ultra's Risk Adjusted Performance of 0.0068, variance of 22.17, and Coefficient Of Variation of (41,040) to confirm if the risk estimate we provide is consistent with the expected return of 0.0235%. The etf holds a Beta of 1.84, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ProShares Ultra will likely underperform.
Auto-correlation
0.15
Insignificant predictability
ProShares Ultra NVDA has insignificant predictability. Overlapping area represents the amount of predictability between ProShares Ultra time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ProShares Ultra NVDA price movement. The serial correlation of 0.15 indicates that less than 15.0% of current ProShares Ultra price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
-0.35
Residual Average
0.0
Price Variance
1.9
ProShares Ultra NVDA lagged returns against current returns
Autocorrelation, which is ProShares Ultra etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ProShares Ultra's etf expected returns. We can calculate the autocorrelation of ProShares Ultra returns to help us make a trade decision. For example, suppose you find that ProShares Ultra has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
ProShares Ultra regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ProShares Ultra etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ProShares Ultra etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ProShares Ultra etf over time.
Current vs Lagged Prices
Timeline
ProShares Ultra Lagged Returns
When evaluating ProShares Ultra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ProShares Ultra etf have on its future price. ProShares Ultra autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ProShares Ultra autocorrelation shows the relationship between ProShares Ultra etf current value and its past values and can show if there is a momentum factor associated with investing in ProShares Ultra NVDA.
Regressed Prices
Timeline
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