Proshares Ultrashort Midcap400 Etf Price History
MZZ Etf | USD 8.63 0.29 3.25% |
Below is the normalized historical share price chart for ProShares UltraShort MidCap400 extending back to July 13, 2006. 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 UltraShort stands at 8.63, as last reported on the 24th of November, with the highest price reaching 8.76 and the lowest price hitting 8.63 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. ProShares UltraShort maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the entity had a -0.11% return per unit of risk over the last 3 months. ProShares UltraShort exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares UltraShort's Variance of 4.07, risk adjusted performance of (0.1), and Coefficient Of Variation of (749.78) to confirm the risk estimate we provide.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 39.48 | 200 Day MA 10.8556 | 1 y Volatility 31.09 | 50 Day MA 9.6902 | Inception Date 2006-07-11 |
ProShares |
Sharpe Ratio = -0.1108
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Negative Returns | MZZ |
Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares UltraShort is not performing at its full potential. However, 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 UltraShort by adding ProShares UltraShort to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
ProShares UltraShort Etf Price History Chart
There are several ways to analyze ProShares UltraShort MidCap400 Etf price data. The simplest method is using a basic ProShares candlestick price chart, which shows ProShares UltraShort price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 6, 2024 | 11.1 |
Lowest Price | November 22, 2024 | 8.63 |
ProShares UltraShort November 24, 2024 Etf Price Synopsis
Various analyses of ProShares UltraShort's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell ProShares Etf. It can be used to describe the percentage change in the price of ProShares UltraShort from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of ProShares Etf.ProShares UltraShort Price Action Indicator | (0.21) | |
ProShares UltraShort Price Daily Balance Of Power | (2.23) | |
ProShares UltraShort Price Rate Of Daily Change | 0.97 |
ProShares UltraShort November 24, 2024 Etf Price Analysis
ProShares Etf Price History Data
The price series of ProShares UltraShort for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 2.47 with a coefficient of variation of 5.72. The daily prices for the period are spread out with arithmetic mean of 9.87. The median price for the last 90 days is 9.91. The company issued dividends to stockholders on 25th of March 2020.Open | High | Low | Close | Volume | ||
11/24/2024 | 8.72 | 8.76 | 8.63 | 8.63 | ||
11/22/2024 | 8.72 | 8.76 | 8.63 | 8.63 | 2,307 | |
11/21/2024 | 8.92 | 8.92 | 8.92 | 8.92 | 372.00 | |
11/20/2024 | 9.30 | 9.34 | 9.22 | 9.22 | 4,123 | |
11/19/2024 | 9.42 | 9.43 | 9.31 | 9.31 | 12,200 | |
11/18/2024 | 9.31 | 9.37 | 9.31 | 9.35 | 2,953 | |
11/15/2024 | 9.26 | 9.39 | 9.22 | 9.36 | 6,375 | |
11/14/2024 | 9.01 | 9.20 | 9.00 | 9.18 | 13,726 | |
11/13/2024 | 8.85 | 9.01 | 8.85 | 9.01 | 1,800 | |
11/12/2024 | 8.89 | 8.90 | 8.88 | 8.90 | 1,211 | |
11/11/2024 | 8.72 | 8.72 | 8.72 | 8.72 | 230.00 | |
11/08/2024 | 8.90 | 8.90 | 8.86 | 8.87 | 2,900 | |
11/07/2024 | 8.97 | 8.97 | 8.95 | 8.95 | 333.00 | |
11/06/2024 | 9.11 | 9.13 | 8.91 | 8.91 | 3,399 | |
11/05/2024 | 9.89 | 9.89 | 9.74 | 9.74 | 11,832 | |
11/04/2024 | 10.10 | 10.10 | 9.91 | 10.02 | 3,253 | |
11/01/2024 | 9.96 | 10.11 | 9.96 | 10.07 | 11,156 | |
10/31/2024 | 9.89 | 10.05 | 9.89 | 10.05 | 1,068 | |
10/30/2024 | 9.76 | 9.83 | 9.76 | 9.83 | 182.00 | |
10/29/2024 | 9.90 | 9.91 | 9.81 | 9.81 | 307.00 | |
10/28/2024 | 9.80 | 9.80 | 9.80 | 9.80 | 100.00 | |
10/25/2024 | 9.83 | 10.02 | 9.83 | 10.02 | 500.00 | |
10/24/2024 | 9.90 | 9.93 | 9.87 | 9.87 | 1,500 | |
10/23/2024 | 9.90 | 9.90 | 9.90 | 9.90 | 252.00 | |
10/22/2024 | 9.80 | 9.86 | 9.79 | 9.79 | 348.00 | |
10/21/2024 | 9.63 | 9.67 | 9.62 | 9.67 | 1,200 | |
10/18/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 34.00 | |
10/17/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 672.00 | |
10/16/2024 | 9.45 | 9.45 | 9.43 | 9.45 | 700.00 | |
10/15/2024 | 9.57 | 9.62 | 9.57 | 9.62 | 1,454 | |
10/14/2024 | 9.73 | 9.73 | 9.57 | 9.57 | 221.00 | |
10/11/2024 | 9.69 | 9.69 | 9.69 | 9.69 | 100.00 | |
10/10/2024 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | |
10/09/2024 | 9.91 | 9.91 | 9.91 | 9.91 | 100.00 | |
10/08/2024 | 10.06 | 10.06 | 10.02 | 10.03 | 10,287 | |
10/07/2024 | 10.01 | 10.05 | 10.00 | 10.05 | 965.00 | |
10/04/2024 | 9.91 | 9.91 | 9.91 | 9.91 | 700.00 | |
10/03/2024 | 10.11 | 10.13 | 10.10 | 10.10 | 8,200 | |
10/02/2024 | 10.03 | 10.05 | 10.03 | 10.03 | 402.00 | |
10/01/2024 | 10.03 | 10.03 | 10.03 | 10.03 | 576.00 | |
09/30/2024 | 9.86 | 9.86 | 9.86 | 9.86 | 76.00 | |
09/27/2024 | 9.74 | 9.90 | 9.74 | 9.87 | 2,384 | |
09/26/2024 | 9.90 | 9.90 | 9.90 | 9.90 | 89.00 | |
09/25/2024 | 9.99 | 10.07 | 9.95 | 10.07 | 6,005 | |
09/24/2024 | 9.89 | 9.89 | 9.85 | 9.88 | 5,698 | |
09/23/2024 | 9.94 | 9.97 | 9.88 | 9.88 | 3,159 | |
09/20/2024 | 9.99 | 9.99 | 9.97 | 9.97 | 150.00 | |
09/19/2024 | 9.87 | 9.87 | 9.81 | 9.83 | 866.00 | |
09/18/2024 | 10.21 | 10.21 | 10.12 | 10.17 | 2,480 | |
09/17/2024 | 10.21 | 10.21 | 10.10 | 10.18 | 578.00 | |
09/16/2024 | 10.26 | 10.28 | 10.26 | 10.28 | 521.00 | |
09/13/2024 | 10.43 | 10.43 | 10.43 | 10.43 | 86.00 | |
09/12/2024 | 10.90 | 10.91 | 10.80 | 10.80 | 310.00 | |
09/11/2024 | 11.09 | 11.26 | 10.96 | 10.96 | 446.00 | |
09/10/2024 | 11.07 | 11.07 | 11.05 | 11.05 | 8,147 | |
09/09/2024 | 11.08 | 11.08 | 11.00 | 11.00 | 1,167 | |
09/06/2024 | 10.80 | 11.10 | 10.80 | 11.10 | 970.00 | |
09/05/2024 | 10.81 | 10.81 | 10.81 | 10.81 | 119.00 | |
09/04/2024 | 10.64 | 10.69 | 10.57 | 10.64 | 9,535 | |
09/03/2024 | 10.40 | 10.58 | 10.40 | 10.58 | 393.00 | |
08/30/2024 | 10.05 | 10.05 | 10.05 | 10.05 | 38.00 |
About ProShares UltraShort Etf history
ProShares UltraShort 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 UltraShort 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 UltraShort stock prices may prove useful in developing a viable investing in ProShares UltraShort
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Midcap400 is traded on NYSEARCA Exchange in the United States.
ProShares UltraShort Etf Technical Analysis
ProShares UltraShort 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.
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ProShares UltraShort Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares UltraShort'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 | (0.1) | |||
Jensen Alpha | 0.0085 | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | 0.1172 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort MidCap400. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of ProShares UltraShort 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 UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort'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 UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort'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 UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort'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.