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.

Sharpe Ratio = -0.1959

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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 PriceSeptember 6, 202446.36
Lowest PriceNovember 21, 202411.53

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

When benchmark price declines in a down market, there may be an uptick in Proshares Ultrashort Bitcoin Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Proshares Ultrashort intraday prices and daily technical indicators to check the level of noise trading in Proshares Ultrashort Bitcoin Etf and then apply it to test your longer-term investment strategies against Proshares.

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.
OpenHighLowCloseVolume
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.
A focus of Proshares Ultrashort technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Proshares Ultrashort trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
When determining whether Proshares Ultrashort is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Proshares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrashort Bitcoin Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrashort Bitcoin Etf:
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.