Proshares Russell 2000 Etf Price on August 29, 2024
| SMDV Etf | USD 73.57 0.18 0.25% |
Below is the normalized historical share price chart for ProShares Russell 2000 extending back to February 05, 2015. 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 Russell stands at 73.57, as last reported on the 12th of December 2024, with the highest price reaching 74.16 and the lowest price hitting 72.80 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 Russell 2000 maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for ProShares Russell 2000, which you can use to evaluate the volatility of the etf. Please check ProShares Russell's Semi Deviation of 0.7201, coefficient of variation of 783.49, and Risk Adjusted Performance of 0.0967 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 20.56 | 200 Day MA 66.1258 | 1 y Volatility 22.29 | 50 Day MA 71.0751 | Inception Date 2015-02-03 |
ProShares |
Sharpe Ratio = 0.1007
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Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ProShares Russell is performing at about 7% 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 Russell by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.5 K |
ProShares Russell Valuation on August 29, 2024
It is possible to determine the worth of ProShares Russell on a given historical date. On August 29, 2024 ProShares was worth 69.11 at the beginning of the trading date compared to the closed value of 68.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Russell etf. Still, in general, we apply an absolute valuation method to find ProShares Russell'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 Russell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Russell's related companies.
| Open | High | Low | Close | Volume | |
| 68.35 | 69.22 | 68.21 | 68.72 | 27,676 | |
08/29/2024 | 69.11 | 69.47 | 68.55 | 68.93 | 33,633 |
| 69.15 | 69.44 | 68.57 | 69.44 | 24,527 |
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ProShares Russell Trading Date Momentum on August 29, 2024
| On August 30 2024 ProShares Russell 2000 was traded for 69.44 at the closing time. The top price for the day was 69.44 and the lowest listed price was 68.57 . The trading volume for the day was 24.5 K. The trading history from August 30, 2024 was a factor to the next trading day price increase. The trading price change against the next closing price was 0.74% . The trading delta at closing time against the current closing price is 3.41% . |
ProShares Russell 2000 Fundamentals Correlations and Trends
By evaluating ProShares Russell'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 Russell'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 Russell Etf history
ProShares Russell 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 Russell 2000 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 Russell stock prices may prove useful in developing a viable investing in ProShares Russell
ProShares Russell Etf Technical Analysis
ProShares Russell 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 Russell Period Price Range
Low | December 12, 2024
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0.00 | 0.00 |
ProShares Russell 2000 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 Russell December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Russell 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 Russell shares will generate the highest return on investment. By undertsting and applying ProShares Russell etf market strength indicators, traders can identify ProShares Russell 2000 entry and exit signals to maximize returns
ProShares Russell Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Russell'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 | 0.0967 | |||
| Jensen Alpha | 0.1435 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0485 | |||
| Treynor Ratio | 1.31 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Russell 2000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ProShares Russell 2000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is ProShares Russell'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 Russell's market value can be influenced by many factors that don't directly affect ProShares Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Russell'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.