Proshares High Yieldinterest Etf Price on May 21, 2024

HYHG Etf  USD 65.40  0.05  0.08%   
Below is the normalized historical share price chart for ProShares High YieldInterest extending back to May 23, 2013. 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 High stands at 65.40, as last reported on the 28th of December, with the highest price reaching 65.50 and the lowest price hitting 65.11 during the day.
3 y Volatility
7.09
200 Day MA
64.4892
1 y Volatility
2.04
50 Day MA
65.5074
Inception Date
2013-05-21
 
Yuan Drop
 
Covid
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 very steady. ProShares High Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight 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 0.1825, downside deviation of 0.1591, and Standard Deviation of 0.1988 to confirm if the risk estimate we provide is consistent with the expected return of 0.05%.
  
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2479

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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

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average ProShares High is performing at about 19% 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.

ProShares High Valuation on May 21, 2024

It is possible to determine the worth of ProShares High on a given historical date. On May 21, 2024 ProShares was worth 61.66 at the beginning of the trading date compared to the closed value of 61.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares High etf. Still, in general, we apply an absolute valuation method to find ProShares High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares High's related companies.
 Open High Low Close Volume
  61.66    61.66    61.48    61.58    11,178  
05/21/2024
  61.66    61.66    61.60    61.63    6,307  
  61.66    61.68    61.37    61.50    28,985  
Backtest ProShares High  |  ProShares High History  |  ProShares High Valuation PreviousNext  
Open Value
61.66
61.63
Closing Value
62.27
Upside

ProShares High Trading Date Momentum on May 21, 2024

On May 22 2024 ProShares High YieldInterest was traded for  61.50  at the closing time. The top price for the day was 61.68  and the lowest listed price was  61.37 . The trading volume for the day was 29 K. The trading history from May 22, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.21% . The trading delta at closing time against the current closing price is 0.10% .
JavaScript chart by amCharts 3.21.1505/21/2024May 13May 15May 17May 19May 21May 23May 25May 27May 29May 3161.361.461.561.661.761.8

ProShares High Yield Fundamentals Correlations and Trends

By evaluating ProShares High'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 High'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 High Etf history

ProShares High 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 High Yield 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 High stock prices may prove useful in developing a viable investing in ProShares High

ProShares High Etf Technical Analysis

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

Low
December 28, 2024
0.00  NaN%
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 28, 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.
When determining whether ProShares High Yield is a strong investment it is important to analyze ProShares High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares High's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares High YieldInterest. 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of ProShares High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is ProShares High'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 High's market value can be influenced by many factors that don't directly affect ProShares High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares High'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.