ProShares Trust (Mexico) Price on November 25, 2024
| DIG Etf | MXN 796.31 16.99 2.09% |
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 Trust stands at 796.31, as last reported on the 15th of December 2024, with the highest price reaching 796.31 and the lowest price hitting 796.31 during the day. ProShares Trust appears to be very steady, given 3 months investment horizon. ProShares Trust maintains Sharpe Ratio (i.e., Efficiency) of 0.0937, which implies the entity had a 0.0937% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ProShares Trust, which you can use to evaluate the volatility of the etf. Please evaluate ProShares Trust's Semi Deviation of 1.85, coefficient of variation of 1824.39, and Risk Adjusted Performance of 0.0469 to confirm if our risk estimates are consistent with your expectations.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ProShares |
Sharpe Ratio = 0.0937
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Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average ProShares Trust is performing at about 7% 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 Trust by adding it to a well-diversified portfolio.
ProShares Trust Valuation on November 25, 2024
It is possible to determine the worth of ProShares Trust on a given historical date. On November 25, 2024 ProShares was worth 941.0 at the beginning of the trading date compared to the closed value of 941.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Trust etf. Still, in general, we apply an absolute valuation method to find ProShares Trust'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 Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Trust's related companies.
| Open | High | Low | Close | Volume | |
| 941.00 | 941.00 | 941.00 | 941.00 | 1.00 | |
11/25/2024 | 941.00 | 941.00 | 941.00 | 941.00 | 1.00 |
| 941.00 | 941.00 | 941.00 | 941.00 | 1.00 |
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ProShares Trust Trading Date Momentum on November 25, 2024
| On November 26 2024 ProShares Trust was traded for 941.00 at the closing time. The maximum traded price for the trading interval was 941.00 and the lowest daily price was 941.00 . There was no trading activity during the period 1.0. Lack of trading volume on 26th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 9.32% . |
ProShares Trust Fundamentals Correlations and Trends
By evaluating ProShares Trust'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 Trust'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 Trust Etf history
ProShares Trust 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 Trust 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 Trust stock prices may prove useful in developing a viable investing in ProShares Trust
ProShares Trust Etf Technical Analysis
ProShares Trust 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.
Price Boundaries
ProShares Trust Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
ProShares Trust cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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 Trust December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Trust 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 Trust shares will generate the highest return on investment. By undertsting and applying ProShares Trust etf market strength indicators, traders can identify ProShares Trust entry and exit signals to maximize returns
ProShares Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Trust'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.
| Risk Adjusted Performance | 0.0469 | |||
| Jensen Alpha | 0.0923 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 0.3211 |
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Additional Information and Resources on Investing in ProShares Etf
When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust'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 Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.