ProShares Long OnlineShort ETF Statistic Functions Beta

CLIX ETF  USD 59.42  -0.99  -1.64%   
Applied to ProShares Long, Beta function provides a quantitative reading of statistical properties of ProShares Long's price series including linear regression, standard deviation, and correlation measures. Select Time Period to generate the indicator output.

This analysis covers twenty-five data points across the selected time horizon. The Beta measures systematic risk based on how returns on ProShares Long correlated with the market. If Beta is less than 0 ProShares Long generally moves in the opposite direction as compared to the market. If ProShares Long Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Long is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Long is generally in the same direction as the market. If Beta > 1 ProShares Long moves generally in the same direction as, but more than the movement of the benchmark.

ProShares Long Technical Analysis Modules

Technical analysis modules for ProShares Long provide a systematic way to measure trend quality, exhaustion signals, and breakout potential. Review signals across different indicator categories to build a more complete picture before acting on any single reading.

Technical Indicator Methodology & Signal Interpretation

Statistical functions applied to ProShares Long's price data quantify trend strength, dispersion, and correlation properties. Lower trading activity may introduce occasional variability in execution conditions.

ProShares Long OnlineShort values are built from fund disclosures and market reference feeds, with reporting definitions aligned before display.

Editorial review and methodology oversight provided by: Michael Smolkin, Member of Macroaxis Board of Directors