Proshares Russell Dividend Etf Price on December 9, 2024
| TMDV Etf | USD 46.62 0.16 0.34% |
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of ProShares Russell stands at 46.62, as last reported on the 5th of January, with the highest price reaching 46.62 and the lowest price hitting 46.62 during the day. ProShares Russell maintains Sharpe Ratio (i.e., Efficiency) of -0.0831, which implies the entity had a -0.0831% return per unit of risk over the last 3 months. ProShares Russell exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares Russell's Coefficient Of Variation of (1,203), risk adjusted performance of (0.07), and Variance of 0.6105 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.
ProShares |
Sharpe Ratio = -0.0831
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Russell 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 Russell by adding ProShares Russell to a well-diversified portfolio.
ProShares Russell Valuation on December 9, 2024
It is possible to determine the worth of ProShares Russell on a given historical date. On December 9, 2024 ProShares was worth 50.08 at the beginning of the trading date compared to the closed value of 49.9. 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 | |
| 50.32 | 50.32 | 49.90 | 49.90 | 26,800 | |
12/09/2024 | 50.08 | 50.14 | 49.90 | 49.90 | 800.00 |
| 49.92 | 49.92 | 49.80 | 49.80 | 200.00 |
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ProShares Russell Trading Date Momentum on December 9, 2024
| On December 10 2024 ProShares Russell Dividend was traded for 49.80 at the closing time. The top price for the day was 49.92 and the lowest listed price was 49.80 . The trading volume for the day was 200. The trading history from December 10, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.20% . The trading delta at closing time against the current closing price is 5.41% . |
ProShares Russell 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 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
The index, constructed and maintained by FTSE International Limited, targets companies that are currently members of the Russell 3000 Index, have increased dividend payments each year for at least 35 years, and meet certain liquidity requirements. Russell US is traded on BATS Exchange in the United States.
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 | January 5, 2025
| High |
0.00 | 0.00 |
ProShares Russell Dividend 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 January 5, 2025 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 Dividend 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 | (0.07) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.1) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Russell Dividend. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of ProShares Russell 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.