Proshares Ultra Oil Etf Price History

DIG Etf  USD 38.94  0.53  1.34%   
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 Ultra stands at 38.94, as last reported on the 14th of December 2024, with the highest price reaching 39.43 and the lowest price hitting 38.70 during the day. At this point, ProShares Ultra is very steady. ProShares Ultra Oil maintains Sharpe Ratio (i.e., Efficiency) of 0.0471, which implies the entity had a 0.0471% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Ultra Oil, which you can use to evaluate the volatility of the etf. Please check ProShares Ultra's Coefficient Of Variation of 2121.2, risk adjusted performance of 0.0411, and Semi Deviation of 2.39 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 = 0.0471

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Estimated Market Risk

 2.37
  actual daily
21
79% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average ProShares Ultra is performing at about 3% 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 Ultra by adding it to a well-diversified portfolio.

ProShares Ultra Etf Price History Chart

There are several ways to analyze ProShares Ultra Oil Etf price data. The simplest method is using a basic ProShares candlestick price chart, which shows ProShares Ultra price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 22, 202446.47
Lowest PriceSeptember 26, 202436.41

ProShares Ultra December 14, 2024 Etf Price Synopsis

Various analyses of ProShares Ultra's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell ProShares Etf. It can be used to describe the percentage change in the price of ProShares Ultra from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of ProShares Etf.
ProShares Ultra Price Rate Of Daily Change 0.99 
ProShares Ultra Price Daily Balance Of Power(0.73)
ProShares Ultra Price Action Indicator(0.39)

ProShares Ultra December 14, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ProShares Ultra Oil Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use ProShares Ultra intraday prices and daily technical indicators to check the level of noise trading in ProShares Ultra Oil Etf and then apply it to test your longer-term investment strategies against ProShares.

ProShares Etf Price History Data

The price series of ProShares Ultra for the period between Sun, Sep 15, 2024 and Sat, Dec 14, 2024 has a statistical range of 10.06 with a coefficient of variation of 6.05. Under current investment horizon, the daily prices are spread out with arithmetic mean of 41.3. The median price for the last 90 days is 40.6. The company completed 1-10 stock split on 21st of April 2020. ProShares Ultra Oil completed dividends distribution on 24th of June 2020.
OpenHighLowCloseVolume
12/14/2024
 39.43  39.43  38.70  38.94 
12/13/2024 39.43  39.43  38.70  38.94  77,891 
12/12/2024 39.87  39.87  39.30  39.47  46,766 
12/11/2024 40.02  40.26  39.64  40.08  91,041 
12/10/2024 40.87  40.96  39.80  39.87  45,662 
12/09/2024 41.31  41.44  40.35  40.35  46,974 
12/06/2024 41.79  41.79  40.41  40.60  30,926 
12/05/2024 42.03  42.39  41.91  42.05  26,872 
12/04/2024 43.68  43.68  41.34  41.69  57,700 
12/03/2024 44.37  44.52  43.50  43.76  24,464 
12/02/2024 44.73  44.77  43.11  43.79  50,118 
11/29/2024 44.50  44.85  44.45  44.70  41,416 
11/27/2024 44.51  45.03  44.30  44.30  33,635 
11/26/2024 44.74  44.81  44.21  44.46  24,222 
11/25/2024 46.33  46.70  44.40  44.64  45,866 
11/22/2024 46.30  47.01  46.17  46.47  25,199 
11/21/2024 45.93  47.04  45.91  46.35  93,363 
11/20/2024 45.00  45.71  44.87  45.71  48,043 
11/19/2024 44.86  45.23  44.53  44.79  58,786 
11/18/2024 44.76  45.44  44.56  45.27  70,948 
11/15/2024 44.08  45.03  43.92  44.11  29,100 
11/14/2024 44.55  44.60  43.80  44.33  14,200 
11/13/2024 43.49  44.31  42.65  44.02  39,900 
11/12/2024 44.11  44.16  43.28  43.28  46,615 
11/11/2024 43.31  44.00  43.10  43.84  70,810 
11/08/2024 42.83  43.40  42.57  43.31  157,200 
11/07/2024 43.18  43.18  42.26  42.83  39,325 
11/06/2024 42.40  43.79  41.85  43.24  193,931 
11/05/2024 40.06  40.33  39.85  40.17  34,843 
11/04/2024 38.92  39.75  38.92  39.61  104,981 
11/01/2024 39.80  40.05  38.25  38.33  59,456 
10/31/2024 38.80  39.35  38.62  38.90  59,175 
10/30/2024 38.41  38.91  38.25  38.37  40,087 
10/29/2024 39.16  39.25  38.13  38.27  61,172 
10/28/2024 38.25  39.43  38.09  39.43  66,043 
10/25/2024 40.28  40.48  39.72  39.89  81,200 
10/24/2024 40.19  40.33  39.43  39.88  73,500 
10/23/2024 40.00  40.46  39.51  40.03  54,578 
10/22/2024 40.51  40.74  40.10  40.34  99,396 
10/21/2024 41.04  41.24  40.07  40.20  84,684 
10/18/2024 40.62  40.74  39.94  40.49  55,799 
10/17/2024 40.40  40.94  40.27  40.80  47,971 
10/16/2024 40.35  40.59  40.22  40.35  50,349 
10/15/2024 40.45  40.98  39.92  40.07  116,339 
10/14/2024 42.12  42.74  42.07  42.67  81,610 
10/11/2024 42.31  43.01  42.26  42.77  40,388 
10/10/2024 42.23  42.71  41.73  42.25  43,640 
10/09/2024 40.62  41.86  40.50  41.69  55,746 
10/08/2024 42.47  42.47  40.82  41.19  116,015 
10/07/2024 43.52  44.11  43.32  43.50  106,498 
10/04/2024 42.98  43.47  42.37  43.16  155,300 
10/03/2024 41.37  42.56  40.69  42.46  107,100 
10/02/2024 41.41  41.53  40.15  41.01  147,087 
10/01/2024 38.13  40.50  37.70  40.19  119,511 
09/30/2024 37.82  38.53  37.35  38.44  54,074 
09/27/2024 36.85  38.01  36.78  37.93  209,284 
09/26/2024 36.52  37.35  36.26  36.41  196,822 
09/25/2024 39.15  39.50  37.84  37.99  195,627 
09/24/2024 40.70  40.70  39.42  39.46  41,785 
09/23/2024 38.87  40.05  38.87  39.72  32,526 
09/20/2024 38.53  38.83  37.96  38.78  54,066 

About ProShares Ultra Etf history

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

ProShares Ultra Etf Technical Analysis

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

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ProShares Ultra Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProShares Ultra'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 Ultra Oil is a strong investment it is important to analyze ProShares Ultra'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 Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of ProShares Ultra Oil 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.