Proshares Investment Gradeinterest Etf Price on September 4, 2024
| IGHG Etf | USD 78.07 0.22 0.28% |
Below is the normalized historical share price chart for ProShares Investment GradeInterest extending back to November 07, 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 Investment stands at 78.07, as last reported on the 26th of December, with the highest price reaching 78.40 and the lowest price hitting 78.07 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. At this point, ProShares Investment is very steady. ProShares Investment maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Investment, which you can use to evaluate the volatility of the etf. Please check ProShares Investment's Risk Adjusted Performance of 0.0948, coefficient of variation of 747.65, and Semi Deviation of 0.2676 to confirm if the risk estimate we provide is consistent with the expected return of 0.0453%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 4.66 | 200 Day MA 76.8633 | 1 y Volatility 2.16 | 50 Day MA 77.8804 | Inception Date 2013-11-05 |
ProShares |
Sharpe Ratio = 0.1365
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| Negative Returns | IGHG |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average ProShares Investment is performing at about 10% 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 Investment by adding it to a well-diversified portfolio.
ProShares Investment Valuation on September 4, 2024
It is possible to determine the worth of ProShares Investment on a given historical date. On September 4, 2024 ProShares was worth 74.65 at the beginning of the trading date compared to the closed value of 74.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Investment etf. Still, in general, we apply an absolute valuation method to find ProShares Investment'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 Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Investment's related companies.
| Open | High | Low | Close | Volume | |
| 74.84 | 74.84 | 74.48 | 74.64 | 25,029 | |
09/04/2024 | 74.65 | 74.75 | 74.54 | 74.55 | 31,727 |
| 74.55 | 75.52 | 74.50 | 74.86 | 169,497 |
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ProShares Investment Trading Date Momentum on September 4, 2024
| On September 05 2024 ProShares Investment GradeInterest was traded for 74.86 at the closing time. The top price for the day was 75.52 and the lowest listed price was 74.50 . The trading volume for the day was 169.5 K. The trading history from September 5, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.42% . The trading delta at closing time against the current closing price is 0.44% . |
ProShares Investment Fundamentals Correlations and Trends
By evaluating ProShares Investment'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 Investment'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 Investment Etf history
ProShares Investment 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 Investment 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 Investment stock prices may prove useful in developing a viable investing in ProShares Investment
The index is comprised of long positions in USD-denominated investment grade corporate bonds issued by both U.S. and foreign domiciled companies and short positions in U.S. Investment Grade-Interest is traded on BATS Exchange in the United States.
ProShares Investment Etf Technical Analysis
ProShares Investment 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 Investment Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
ProShares Investment GradeInterest 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 Investment December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Investment 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 Investment shares will generate the highest return on investment. By undertsting and applying ProShares Investment etf market strength indicators, traders can identify ProShares Investment GradeInterest entry and exit signals to maximize returns
ProShares Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Investment'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 | 0.0948 | |||
| Jensen Alpha | 0.0337 | |||
| Total Risk Alpha | 0.0226 | |||
| Sortino Ratio | 0.009 | |||
| Treynor Ratio | 0.2911 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Investment GradeInterest. 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of ProShares Investment 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 Investment's value that differs from its market value or its book value, called intrinsic value, which is ProShares Investment'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 Investment's market value can be influenced by many factors that don't directly affect ProShares Investment'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 Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Investment'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.