Proshares Long Onlineshort Etf Price on October 4, 2024

CLIX Etf  USD 47.80  0.33  0.69%   
Below is the normalized historical share price chart for ProShares Long OnlineShort extending back to November 16, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ProShares Long stands at 47.80, as last reported on the 14th of December 2024, with the highest price reaching 48.13 and the lowest price hitting 47.64 during the day.
3 y Volatility
28.04
200 Day MA
43.4131
1 y Volatility
18.5
50 Day MA
46.867
Inception Date
2017-11-14
 
Covid
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. At this stage we consider ProShares Etf to be very steady. ProShares Long Onlin maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Long Onlin, which you can use to evaluate the volatility of the etf. Please check ProShares Long's Risk Adjusted Performance of 0.1275, coefficient of variation of 583.63, and Semi Deviation of 0.8573 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
  
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1727

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Estimated Market Risk

 1.1
  actual daily
9
91% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average ProShares Long is performing at about 13% of its full potential. 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 Long by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
45.8 K

ProShares Long Valuation on October 4, 2024

It is possible to determine the worth of ProShares Long on a given historical date. On October 4, 2024 ProShares was worth 48.13 at the beginning of the trading date compared to the closed value of 48.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Long etf. Still, in general, we apply an absolute valuation method to find ProShares Long's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares Long where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Long's related companies.
 Open High Low Close Volume
  47.34    47.66    47.34    47.49    300.00  
10/04/2024
  48.13    48.51    47.99    48.51    2,200  
  48.45    48.48    48.28    48.48    1,167  
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Open Value
48.13
48.51
Closing Value
51.42
Upside

ProShares Long Trading Date Momentum on October 4, 2024

On October 07 2024 ProShares Long OnlineShort was traded for  48.48  at the closing time. The top price for the day was 48.48  and the lowest listed price was  48.28 . The trading volume for the day was 1.2 K. The trading history from October 7, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.06% . The trading delta at closing time against the current closing price is 0.60% .

ProShares Long Onlin Fundamentals Correlations and Trends

By evaluating ProShares Long's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ProShares Long's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ProShares Long Etf history

ProShares Long 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 Long Onlin 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 Long stock prices may prove useful in developing a viable investing in ProShares Long
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. Long OnlineShort is traded on NYSEARCA Exchange in the United States.

ProShares Long Etf Technical Analysis

ProShares Long 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 Long technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProShares Long 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...

Price Boundaries

ProShares Long Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ProShares Long OnlineShort cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ProShares Long December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how ProShares Long etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProShares Long shares will generate the highest return on investment. By undertsting and applying ProShares Long etf market strength indicators, traders can identify ProShares Long OnlineShort entry and exit signals to maximize returns

ProShares Long Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProShares Long'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 Long Onlin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Long Onlineshort Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Long Onlineshort Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Long OnlineShort. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of ProShares Long Onlin 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 Long's value that differs from its market value or its book value, called intrinsic value, which is ProShares Long'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 Long's market value can be influenced by many factors that don't directly affect ProShares Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Long'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.