Proshares Sp 500 Etf Price on November 22, 2024
NOBL Etf | USD 100.76 0.76 0.76% |
Below is the normalized historical share price chart for ProShares SP 500 extending back to October 10, 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 stands at 100.76, as last reported on the 22nd of December, with the highest price reaching 101.50 and the lowest price hitting 99.51 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. ProShares SP 500 maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the entity had a -0.11% return per unit of risk over the last 3 months. ProShares SP 500 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares' Variance of 0.4144, risk adjusted performance of (0.08), and Coefficient Of Variation of (971.15) to confirm the risk estimate we provide.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.79 | 200 Day MA 101.4496 | 1 y Volatility 11.69 | 50 Day MA 105.7574 | Inception Date 2013-10-09 |
ProShares |
Sharpe Ratio = -0.1133
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NOBL |
Estimated Market Risk
0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares is not performing at its full potential. However, 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 by adding ProShares to a well-diversified portfolio.
Average Mkt Cap Mil 55.3 K |
Related Headline
Salon City Headline on 22nd of November 2024
Ellwood City nail salon fined 6,000 - WKBN.com by news.google.com
Ellwood City nail salon fined 6,000 WKBN.com
ProShares Valuation on November 22, 2024
It is possible to determine the worth of ProShares on a given historical date. On November 22, 2024 ProShares was worth 106.35 at the beginning of the trading date compared to the closed value of 106.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares etf. Still, in general, we apply an absolute valuation method to find ProShares' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares' related companies.
Open | High | Low | Close | Volume | |
105.15 | 106.37 | 104.88 | 106.34 | 496,066 | |
11/22/2024 | 106.35 | 107.09 | 106.35 | 106.96 | 505,052 |
107.46 | 108.27 | 107.46 | 107.91 | 525,544 |
Backtest ProShares | | | ProShares History | | | ProShares Valuation | Previous | Next |
ProShares Trading Date Momentum on November 22, 2024
On November 25 2024 ProShares SP 500 was traded for 107.91 at the closing time. The top price for the day was 108.27 and the lowest listed price was 107.46 . The trading volume for the day was 525.5 K. The trading history from November 25, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.89% . The trading delta at closing time against the current closing price is 1.40% . |
ProShares SP 500 Fundamentals Correlations and Trends
By evaluating ProShares' 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' 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 Etf history
ProShares 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 SP 500 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 stock prices may prove useful in developing a viable investing in ProShares
ProShares Etf Technical Analysis
ProShares 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 Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
ProShares SP 500 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 December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares 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 shares will generate the highest return on investment. By undertsting and applying ProShares etf market strength indicators, traders can identify ProShares SP 500 entry and exit signals to maximize returns
ProShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares' 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 | (0.08) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.12) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of ProShares SP 500 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.