Proshares Global Listed Etf Price on October 2, 2024
PEX Etf | USD 29.05 0.08 0.27% |
Below is the normalized historical share price chart for ProShares Global Listed extending back to February 28, 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 Global stands at 29.05, as last reported on the 11th of December 2024, with the highest price reaching 29.05 and the lowest price hitting 29.05 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 stage we consider ProShares Etf to be very steady. ProShares Global Listed maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ProShares Global Listed, which you can use to evaluate the volatility of the etf. Please check ProShares Global's Semi Deviation of 0.4954, risk adjusted performance of 0.1024, and Coefficient Of Variation of 702.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0841%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.49 | 200 Day MA 28.9955 | 1 y Volatility 8.82 | 50 Day MA 28.3266 | Inception Date 2013-02-26 |
ProShares |
Sharpe Ratio = 0.122
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Estimated Market Risk
0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ProShares Global is performing at about 9% 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 Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 3.7 K |
ProShares Global Valuation on October 2, 2024
It is possible to determine the worth of ProShares Global on a given historical date. On October 2, 2024 ProShares was worth 28.17 at the beginning of the trading date compared to the closed value of 28.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Global etf. Still, in general, we apply an absolute valuation method to find ProShares Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Global's related companies.
Open | High | Low | Close | Volume | |
28.28 | 28.33 | 28.14 | 28.17 | 4,142 | |
10/02/2024 | 28.17 | 28.26 | 27.73 | 28.18 | 13,317 |
28.10 | 28.18 | 28.05 | 28.11 | 3,616 |
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ProShares Global Trading Date Momentum on October 2, 2024
On October 03 2024 ProShares Global Listed was traded for 28.11 at the closing time. Highest ProShares Global's price during the trading hours was 28.18 and the lowest price during the day was 28.05 . The net volume was 3.6 K. The overall trading history on the 3rd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.25% . The trading delta at closing time to current price is 0.82% . |
ProShares Global Listed Fundamentals Correlations and Trends
By evaluating ProShares Global'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 Global'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 Global Etf history
ProShares Global 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 Global Listed 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 Global stock prices may prove useful in developing a viable investing in ProShares Global
ProShares Global Etf Technical Analysis
ProShares Global 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 Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
ProShares Global Listed 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 Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Global 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 Global shares will generate the highest return on investment. By undertsting and applying ProShares Global etf market strength indicators, traders can identify ProShares Global Listed entry and exit signals to maximize returns
ProShares Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Global'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 | 0.1024 | |||
Jensen Alpha | 0.0188 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.1452 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Global Listed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of ProShares Global Listed 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 Global's value that differs from its market value or its book value, called intrinsic value, which is ProShares Global'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 Global's market value can be influenced by many factors that don't directly affect ProShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Global'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.