Proshares Msci Eafe Etf Technical Analysis
| EFAD Etf | USD 37.57 0.07 0.19% |
As of the 23rd of January, ProShares MSCI holds the Variance of 0.4883, coefficient of variation of (1,064), and Risk Adjusted Performance of (0.08). ProShares MSCI EAFE technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf's future prices. Please check ProShares MSCI EAFE treynor ratio, as well as the relationship between the value at risk and skewness to decide if ProShares MSCI EAFE is priced some-what accurately, providing market reflects its current price of 37.57 per share.
ProShares MSCI Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ProShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProSharesProShares |
ProShares MSCI 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.
ProShares MSCI EAFE Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ProShares MSCI EAFE volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ProShares MSCI EAFE Trend Analysis
Use this graph to draw trend lines for ProShares MSCI EAFE. You can use it to identify possible trend reversals for ProShares MSCI as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ProShares MSCI price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ProShares MSCI Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ProShares MSCI EAFE applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that ProShares MSCI EAFE market price will keep on failing further. It has 122 observation points and a regression sum of squares at 63.9, which is the sum of squared deviations for the predicted ProShares MSCI price change compared to its average price change.About ProShares MSCI Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ProShares MSCI EAFE on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ProShares MSCI EAFE based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ProShares MSCI EAFE price pattern first instead of the macroeconomic environment surrounding ProShares MSCI EAFE. By analyzing ProShares MSCI's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ProShares MSCI's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ProShares MSCI specific price patterns or momentum indicators. Please read more on our technical analysis page.
ProShares MSCI January 23, 2025 Technical Indicators
Most technical analysis of ProShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ProShares from various momentum indicators to cycle indicators. When you analyze ProShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 0.5203 | |||
| Coefficient Of Variation | (1,064) | |||
| Standard Deviation | 0.6988 | |||
| Variance | 0.4883 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 3.33 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.24 | |||
| Skewness | (0.04) | |||
| Kurtosis | 0.7928 |
ProShares MSCI EAFE One Year Return
Based on the recorded statements, ProShares MSCI EAFE has an One Year Return of 0.2%. This is 101.18% lower than that of the ProShares family and significantly higher than that of the Foreign Large Blend category. The one year return for all United States etfs is 120.62% lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.ProShares MSCI January 23, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ProShares stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 11.01 | ||
| Daily Balance Of Power | (0.64) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 37.63 | ||
| Day Typical Price | 37.61 | ||
| Price Action Indicator | (0.09) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares MSCI EAFE. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of ProShares MSCI EAFE 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is ProShares MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect ProShares MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares MSCI'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.