Proshares High Yieldinterest Etf Price on May 2, 2024
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. At this point, ProShares High is out of control. ProShares High Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty technical indicators for ProShares High Yield, which you can use to evaluate the volatility of the etf. Please check ProShares High's Risk Adjusted Performance of 0.1608, standard deviation of 0.2007, and Downside Deviation of 0.1581 to confirm if the risk estimate we provide is consistent with the expected return of 0.0482%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
ProShares |
Sharpe Ratio = 0.2401
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| Negative Returns | HYHG |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average ProShares High is performing at about 18% 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 High by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
ProShares High Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
ProShares High YieldInterest cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 High December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares High 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 High shares will generate the highest return on investment. By undertsting and applying ProShares High etf market strength indicators, traders can identify ProShares High YieldInterest entry and exit signals to maximize returns
ProShares High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares High'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 | 0.1608 | |||
| Jensen Alpha | 0.0379 | |||
| Total Risk Alpha | 0.0326 | |||
| Sortino Ratio | 0.1012 | |||
| Treynor Ratio | 2.65 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Tools for ProShares Etf
When running ProShares High's price analysis, check to measure ProShares High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares High is operating at the current time. Most of ProShares High's value examination focuses on studying past and present price action to predict the probability of ProShares High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares High's price. Additionally, you may evaluate how the addition of ProShares High to your portfolios can decrease your overall portfolio volatility.
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