Proshares Metaverse Etf Price on September 25, 2024

VERS Etf  USD 49.48  0.06  0.12%   
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 Metaverse stands at 49.48, as last reported on the 12th of December 2024, with the highest price reaching 49.77 and the lowest price hitting 49.48 during the day. ProShares Metaverse appears to be very steady, given 3 months investment horizon. ProShares Metaverse ETF maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the entity had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for ProShares Metaverse ETF, which you can use to evaluate the volatility of the etf. Please evaluate ProShares Metaverse's Coefficient Of Variation of 387.43, risk adjusted performance of 0.19, and Semi Deviation of 0.7817 to confirm if our risk estimates are consistent with your expectations.
  
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1969

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Estimated Market Risk

 1.12
  actual daily
9
91% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average ProShares Metaverse is performing at about 15% 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 Metaverse by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
23.5 K

ProShares Metaverse Valuation on September 25, 2024

It is possible to determine the worth of ProShares Metaverse on a given historical date. On September 25, 2024 ProShares was worth 43.28 at the beginning of the trading date compared to the closed value of 43.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Metaverse etf. Still, in general, we apply an absolute valuation method to find ProShares Metaverse'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 Metaverse where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Metaverse's related companies.
 Open High Low Close Volume
  43.48    43.48    43.48    43.48    100.00  
09/25/2024
  43.28    43.28    43.28    43.28    70.00  
  44.10    44.10    44.10    44.10    25.00  
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Open Value
43.28
43.28
Closing Value
46.65
Upside

ProShares Metaverse Trading Date Momentum on September 25, 2024

On September 26 2024 ProShares Metaverse ETF was traded for  44.10  at the closing time. The top price for the day was 44.10  and the lowest listed price was  44.10 . The trading volume for the day was 25.0. The trading history from September 26, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.89% . The trading delta at closing time against the current closing price is 0.90% .

ProShares Metaverse ETF Fundamentals Correlations and Trends

By evaluating ProShares Metaverse'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 Metaverse'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 Metaverse Etf history

ProShares Metaverse 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 Metaverse ETF 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 Metaverse stock prices may prove useful in developing a viable investing in ProShares Metaverse

ProShares Metaverse Etf Technical Analysis

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

Low
December 12, 2024
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ProShares Metaverse ETF 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 Metaverse December 12, 2024 Market Strength

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

ProShares Metaverse Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProShares Metaverse'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 Metaverse ETF is a strong investment it is important to analyze ProShares Metaverse's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Metaverse's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Metaverse ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of ProShares Metaverse ETF 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 Metaverse's value that differs from its market value or its book value, called intrinsic value, which is ProShares Metaverse'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 Metaverse's market value can be influenced by many factors that don't directly affect ProShares Metaverse'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 Metaverse's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Metaverse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Metaverse'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.