Proshares Short 7 10 Etf Price on September 13, 2023

TBX Etf  USD 29.23  0.12  0.41%   
Below is the normalized historical share price chart for ProShares Short 7 10 extending back to April 05, 2011. 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 Short stands at 29.23, as last reported on the 25th of December, with the highest price reaching 29.26 and the lowest price hitting 29.10 during the day.
3 y Volatility
8.76
200 Day MA
29.3297
1 y Volatility
7.85
50 Day MA
29.4254
Inception Date
2011-04-04
 
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 stage we consider ProShares Etf to be very steady. ProShares Short 7 maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Short 7, which you can use to evaluate the volatility of the etf. Please check ProShares Short's Semi Deviation of 0.0967, coefficient of variation of 384.52, and Risk Adjusted Performance of 0.1991 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2633

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Estimated Market Risk

 0.42
  actual daily
3
97% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average ProShares Short is performing at about 20% 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 Short by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
USD -
Market Capitalisation
{Big=-, Small=-, Mega=-, Medium=-, Micro=-}

ProShares Short Valuation on September 13, 2023

It is possible to determine the worth of ProShares Short on a given historical date. On September 13, 2023 ProShares was worth 27.23 at the beginning of the trading date compared to the closed value of 27.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Short etf. Still, in general, we apply an absolute valuation method to find ProShares Short'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 Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Short's related companies.
 Open High Low Close Volume
  27.27    27.27    27.20    27.20    150,081  
09/13/2023
  27.23    27.26    27.16    27.19    10,311  
  27.17    27.28    27.16    27.27    89,288  
Backtest ProShares Short  |  ProShares Short History  |  ProShares Short Valuation   PreviousNext  
Open Value
27.23
27.19
Closing Value
28.49
Upside

ProShares Short Trading Date Momentum on September 13, 2023

On September 14 2023 ProShares Short 7 10 was traded for  27.27  at the closing time. Highest ProShares Short's price during the trading hours was 27.28  and the lowest price during the day was  27.16 . The net volume was 89.3 K. The overall trading history on the 14th of September 2023 contributed to the next trading period price jump. The trading price change to the next next day price was 0.29% . The trading delta at closing time to current price is 2.13% .

ProShares Short 7 Fundamentals Correlations and Trends

By evaluating ProShares Short'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 Short'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 Short Etf history

ProShares Short 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 Short 7 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 Short stock prices may prove useful in developing a viable investing in ProShares Short
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Short 7 is traded on NYSEARCA Exchange in the United States.

ProShares Short Etf Technical Analysis

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

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ProShares Short 7 10 cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Short December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how ProShares Short 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 Short shares will generate the highest return on investment. By undertsting and applying ProShares Short etf market strength indicators, traders can identify ProShares Short 7 10 entry and exit signals to maximize returns

ProShares Short Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProShares Short'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 Short 7 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Short's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Short 7 10 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Short 7 10 Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Short 7 10. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of ProShares Short 7 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.