Proshares Ultrashort Bitcoin Etf Price History
SBIT Etf | 11.53 0.98 7.83% |
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 Ultrashort stands at 11.53, as last reported on the 21st of November, with the highest price reaching 12.17 and the lowest price hitting 11.25 during the day. Proshares Ultrashort maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies the entity had a -0.2% return per unit of risk over the last 3 months. Proshares Ultrashort exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Proshares Ultrashort's Variance of 43.9, coefficient of variation of (455.88), and Risk Adjusted Performance of (0.16) 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.
Proshares |
Sharpe Ratio = -0.1959
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Negative Returns | SBIT |
Estimated Market Risk
6.54 actual daily | 58 58% of assets are less volatile |
Expected Return
-1.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 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 No Data |
Proshares Ultrashort Etf Price History Chart
There are several ways to analyze Proshares Ultrashort Bitcoin 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 | 46.36 |
Lowest Price | November 21, 2024 | 11.53 |
Proshares Ultrashort November 21, 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 | (0.67) | |
Proshares Ultrashort Price Rate Of Daily Change | 0.92 | |
Proshares Ultrashort Accumulation Distribution | 505,328 | |
Proshares Ultrashort Price Daily Balance Of Power | (1.07) |
Proshares Ultrashort November 21, 2024 Etf Price Analysis
Proshares Etf Price History Data
The price series of Proshares Ultrashort for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 has a statistical range of 33.85 with a coefficient of variation of 27.33. The price distribution for the period has arithmetic mean of 30.0. The median price for the last 90 days is 31.9.Open | High | Low | Close | Volume | ||
11/21/2024 | 12.51 | 12.17 | 11.25 | 11.53 | 6,684,604 | |
11/20/2024 | 12.46 | 12.81 | 12.28 | 12.51 | 3,688,634 | |
11/19/2024 | 13.25 | 13.39 | 12.51 | 12.99 | 3,339,911 | |
11/18/2024 | 13.59 | 13.83 | 12.93 | 13.24 | 3,928,130 | |
11/15/2024 | 14.03 | 14.54 | 13.26 | 13.30 | 3,798,042 | |
11/14/2024 | 13.43 | 14.68 | 13.27 | 14.66 | 6,120,300 | |
11/13/2024 | 13.83 | 14.04 | 12.75 | 13.94 | 7,996,700 | |
11/12/2024 | 15.15 | 15.44 | 13.83 | 13.98 | 4,372,361 | |
11/11/2024 | 17.48 | 17.61 | 14.54 | 14.83 | 4,479,367 | |
11/08/2024 | 20.49 | 20.76 | 19.86 | 20.23 | 1,138,600 | |
11/07/2024 | 21.10 | 21.31 | 20.07 | 20.29 | 1,143,600 | |
11/06/2024 | 21.89 | 22.42 | 20.22 | 20.49 | 2,829,465 | |
11/05/2024 | 25.59 | 26.02 | 24.63 | 25.50 | 2,272,726 | |
11/04/2024 | 26.26 | 27.35 | 26.13 | 27.24 | 1,124,667 | |
11/01/2024 | 25.03 | 26.06 | 23.98 | 25.72 | 1,626,513 | |
10/31/2024 | 23.86 | 25.28 | 23.80 | 25.19 | 1,288,175 | |
10/30/2024 | 23.95 | 24.21 | 23.47 | 23.90 | 1,090,200 | |
10/29/2024 | 24.50 | 24.68 | 22.63 | 23.46 | 2,692,300 | |
10/28/2024 | 26.20 | 26.58 | 25.33 | 25.60 | 1,243,100 | |
10/25/2024 | 27.03 | 28.72 | 26.36 | 28.00 | 1,423,144 | |
10/24/2024 | 27.42 | 27.60 | 26.75 | 26.82 | 1,096,708 | |
10/23/2024 | 28.26 | 29.38 | 27.98 | 28.33 | 1,031,300 | |
10/22/2024 | 27.83 | 28.23 | 27.30 | 27.56 | 734,376 | |
10/21/2024 | 27.11 | 27.95 | 27.09 | 27.26 | 777,682 | |
10/18/2024 | 27.19 | 27.32 | 26.16 | 26.53 | 1,226,374 | |
10/17/2024 | 27.93 | 28.24 | 27.37 | 28.13 | 860,400 | |
10/16/2024 | 27.13 | 27.76 | 26.77 | 27.28 | 782,667 | |
10/15/2024 | 28.85 | 29.86 | 27.02 | 27.88 | 2,165,300 | |
10/14/2024 | 30.09 | 30.11 | 28.40 | 28.82 | 1,093,985 | |
10/11/2024 | 33.70 | 33.70 | 31.24 | 31.60 | 651,000 | |
10/10/2024 | 34.15 | 36.73 | 34.15 | 35.75 | 533,166 | |
10/09/2024 | 33.31 | 34.53 | 32.83 | 34.30 | 416,300 | |
10/08/2024 | 32.55 | 33.40 | 31.97 | 32.99 | 663,608 | |
10/07/2024 | 32.02 | 32.47 | 30.62 | 31.76 | 852,273 | |
10/04/2024 | 33.72 | 34.68 | 32.66 | 32.76 | 580,640 | |
10/03/2024 | 34.98 | 35.66 | 34.33 | 34.40 | 548,458 | |
10/02/2024 | 34.60 | 35.50 | 32.94 | 35.29 | 777,374 | |
10/01/2024 | 32.04 | 34.38 | 31.96 | 33.71 | 1,038,807 | |
09/30/2024 | 31.43 | 32.30 | 31.29 | 31.90 | 775,600 | |
09/27/2024 | 29.86 | 30.09 | 28.95 | 29.89 | 935,989 | |
09/26/2024 | 31.04 | 31.34 | 29.57 | 30.71 | 1,080,731 | |
09/25/2024 | 31.87 | 32.50 | 31.50 | 32.33 | 569,458 | |
09/24/2024 | 32.07 | 32.78 | 31.05 | 31.12 | 653,320 | |
09/23/2024 | 32.23 | 32.43 | 31.66 | 32.20 | 465,308 | |
09/20/2024 | 32.54 | 33.11 | 31.89 | 32.69 | 671,948 | |
09/19/2024 | 32.16 | 32.92 | 31.45 | 32.15 | 991,924 | |
09/18/2024 | 36.19 | 37.09 | 34.44 | 36.03 | 811,811 | |
09/17/2024 | 37.00 | 37.51 | 34.19 | 36.15 | 1,279,156 | |
09/16/2024 | 38.10 | 39.36 | 38.09 | 38.77 | 494,288 | |
09/13/2024 | 39.13 | 39.32 | 36.18 | 36.61 | 533,030 | |
09/12/2024 | 39.30 | 39.83 | 38.10 | 38.26 | 454,306 | |
09/11/2024 | 40.42 | 42.20 | 38.85 | 39.36 | 580,784 | |
09/10/2024 | 40.31 | 40.92 | 38.75 | 38.92 | 484,359 | |
09/09/2024 | 43.02 | 44.13 | 39.90 | 40.00 | 782,300 | |
09/06/2024 | 41.39 | 46.86 | 41.30 | 46.36 | 1,196,100 | |
09/05/2024 | 41.64 | 42.90 | 40.77 | 42.45 | 852,200 | |
09/04/2024 | 41.84 | 42.38 | 39.03 | 39.64 | 860,982 | |
09/03/2024 | 38.28 | 40.44 | 38.26 | 39.77 | 543,872 | |
08/30/2024 | 37.75 | 40.09 | 37.35 | 38.92 | 602,100 | |
08/29/2024 | 36.74 | 38.50 | 35.55 | 38.12 | 815,900 | |
08/28/2024 | 37.35 | 39.66 | 37.22 | 38.60 | 800,400 |
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
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 | (0.16) | |||
Jensen Alpha | (1.05) | |||
Total Risk Alpha | (2.21) | |||
Treynor Ratio | 0.3046 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Proshares Ultrashort Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.