Proshares Trust Etf Price Prediction
BETE Etf | 86.02 5.75 7.16% |
Oversold Vs Overbought
73
Oversold | Overbought |
Using ProShares Trust hype-based prediction, you can estimate the value of ProShares Trust from the perspective of ProShares Trust response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in ProShares Trust to buy its etf at a price that has no basis in reality. In that case, they are not buying ProShares because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
ProShares Trust after-hype prediction price | USD 80.15 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
ProShares |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares Trust'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 Trust After-Hype Price Prediction Density Analysis
As far as predicting the price of ProShares Trust at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ProShares Trust or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of ProShares Trust, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
ProShares Trust Estimiated After-Hype Price Volatility
In the context of predicting ProShares Trust's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ProShares Trust's historical news coverage. ProShares Trust's after-hype downside and upside margins for the prediction period are 76.66 and 83.64, respectively. We have considered ProShares Trust's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
ProShares Trust is very steady at this time. Analysis and calculation of next after-hype price of ProShares Trust is based on 3 months time horizon.
ProShares Trust Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as ProShares Trust is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Trust backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ProShares Trust, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.60 | 3.49 | 0.12 | 0.03 | 1 Events / Month | 4 Events / Month | Very soon |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
86.02 | 80.15 | 0.15 |
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ProShares Trust Hype Timeline
ProShares Trust is currently traded for 86.02. The entity has historical hype elasticity of -0.12, and average elasticity to hype of competition of -0.03. ProShares is anticipated to decline in value after the next headline, with the price expected to drop to 80.15. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.15%, whereas the daily expected return is currently at 0.6%. The volatility of related hype on ProShares Trust is about 6786.11%, with the expected price after the next announcement by competition of 85.99. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be very soon. Check out ProShares Trust Basic Forecasting Models to cross-verify your projections.ProShares Trust Related Hype Analysis
Having access to credible news sources related to ProShares Trust's direct competition is more important than ever and may enhance your ability to predict ProShares Trust's future price movements. Getting to know how ProShares Trust's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ProShares Trust may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
GBTC | Grayscale Bitcoin Trust | 0.38 | 9 per month | 2.19 | 0.14 | 5.85 | (4.31) | 17.76 | |
BITO | ProShares Bitcoin Strategy | (0.07) | 6 per month | 2.28 | 0.14 | 5.82 | (4.24) | 18.11 | |
BLOK | Amplify Transformational Data | 2.05 | 2 per month | 1.73 | 0.12 | 4.52 | (3.67) | 12.71 | |
BLCN | Siren Nasdaq NexGen | (0.66) | 2 per month | 2.34 | 0.03 | 4.94 | (3.29) | 13.98 | |
BITQ | Bitwise Crypto Industry | (2.30) | 1 per month | 3.32 | 0.12 | 7.32 | (6.69) | 25.37 | |
BTC | Grayscale Bitcoin Mini | (0.13) | 9 per month | 2.13 | 0.14 | 6.05 | (4.29) | 17.97 | |
CRPT | First Trust SkyBridge | 0.37 | 3 per month | 3.56 | 0.12 | 9.35 | (6.35) | 30.31 |
ProShares Trust Additional Predictive Modules
Most predictive techniques to examine ProShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ProShares using various technical indicators. When you analyze ProShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About ProShares Trust Predictive Indicators
The successful prediction of ProShares Trust stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ProShares Trust, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ProShares Trust based on analysis of ProShares Trust hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ProShares Trust's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ProShares Trust's related companies.
Story Coverage note for ProShares Trust
The number of cover stories for ProShares Trust depends on current market conditions and ProShares Trust's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ProShares Trust is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ProShares Trust's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out ProShares Trust Basic Forecasting Models to cross-verify your projections. For information on how to trade ProShares Etf refer to our How to Trade ProShares Etf guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.