Proshares Ultrashort Technology Etf Price History

REW Etf  USD 9.79  0.27  2.84%   
Below is the normalized historical share price chart for ProShares UltraShort Technology extending back to February 01, 2007. 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 UltraShort stands at 9.79, as last reported on the 29th of December, with the highest price reaching 9.94 and the lowest price hitting 9.72 during the day.
3 y Volatility
45.97
200 Day MA
12.0511
1 y Volatility
27.03
50 Day MA
10.2398
Inception Date
2007-01-30
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. ProShares UltraShort maintains Sharpe Ratio (i.e., Efficiency) of -0.0529, which implies the entity had a -0.0529% return per unit of risk over the last 3 months. ProShares UltraShort exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares UltraShort's Coefficient Of Variation of (1,687), risk adjusted performance of (0.04), and Variance of 5.55 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.

Sharpe Ratio = -0.0529

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Negative ReturnsREW

Estimated Market Risk

 2.36
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average ProShares UltraShort 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 UltraShort by adding ProShares UltraShort to a well-diversified portfolio.
Average Mkt Cap Mil
USD -
Market Capitalisation
{Big=-, Small=-, Mega=-, Medium=-, Micro=-}

ProShares UltraShort Etf Price History Chart

There are several ways to analyze ProShares UltraShort Technology Etf price data. The simplest method is using a basic ProShares candlestick price chart, which shows ProShares UltraShort 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 PriceOctober 3, 202411.08
Lowest PriceDecember 4, 20249.49

ProShares UltraShort December 29, 2024 Etf Price Synopsis

Various analyses of ProShares UltraShort'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 UltraShort 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 UltraShort Price Action Indicator 0.09 
ProShares UltraShort Price Daily Balance Of Power 1.23 
ProShares UltraShort Price Rate Of Daily Change 1.03 

ProShares UltraShort December 29, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ProShares UltraShort Technology 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 UltraShort intraday prices and daily technical indicators to check the level of noise trading in ProShares UltraShort Technology Etf and then apply it to test your longer-term investment strategies against ProShares.

ProShares Etf Price History Data

The price series of ProShares UltraShort for the period between Mon, Sep 30, 2024 and Sun, Dec 29, 2024 has a statistical range of 1.81 with a coefficient of variation of 4.58. The price distribution for the period has arithmetic mean of 10.23. The median price for the last 90 days is 10.23. The company completed stock split (1-4) on 18th of August 2020. ProShares UltraShort had dividends distributed to its stock-holders on 26th of September 2018.
OpenHighLowCloseVolume
12/29/2024
 9.72  9.94  9.72  9.79 
12/27/2024 9.72  9.94  9.72  9.79  12,503 
12/26/2024 9.60  9.63  9.45  9.52  13,900 
12/24/2024 9.62  9.62  9.54  9.55  17,059 
12/23/2024 9.84  9.93  9.71  9.73  35,200 
12/20/2024 10.40  10.40  9.78  9.93  53,700 
12/19/2024 10.06  10.23  9.99  10.23  167,500 
12/18/2024 9.61  10.17  9.50  10.15  19,800 
12/17/2024 9.59  9.67  9.57  9.60  6,800 
12/16/2024 9.66  9.66  9.47  9.49  22,000 
12/13/2024 9.61  9.83  9.61  9.68  18,600 
12/12/2024 9.78  9.78  9.71  9.75  5,900 
12/11/2024 9.88  9.88  9.59  9.64  19,100 
12/10/2024 9.68  9.94  9.68  9.92  6,800 
12/09/2024 9.59  9.69  9.58  9.67  13,200 
12/06/2024 9.60  9.60  9.44  9.53  26,700 
12/05/2024 9.55  9.60  9.51  9.60  15,100 
12/04/2024 9.60  9.60  9.47  9.49  17,200 
12/03/2024 9.93  9.96  9.85  9.85  22,400 
12/02/2024 9.94  9.95  9.85  9.91  17,500 
11/29/2024 10.09  10.10  10.06  10.09  3,400 
11/27/2024 10.20  10.42  10.18  10.29  10,300 
11/26/2024 10.03  10.08  10.00  10.00  5,700 
11/25/2024 10.02  10.16  9.94  10.10  22,800 
11/22/2024 10.06  10.21  10.06  10.09  15,000 
11/21/2024 10.03  10.42  10.00  10.09  90,200 
11/20/2024 10.30  10.57  10.29  10.34  16,900 
11/19/2024 10.54  10.54  10.28  10.31  12,100 
11/18/2024 10.55  10.59  10.38  10.48  16,800 
11/15/2024 10.24  10.63  10.24  10.63  52,700 
11/14/2024 9.98  10.03  9.91  10.03  8,800 
11/13/2024 9.88  9.99  9.81  9.92  8,700 
11/12/2024 9.90  9.96  9.87  9.87  3,800 
11/11/2024 9.94  9.95  9.89  9.90  3,100 
11/08/2024 9.75  9.84  9.75  9.79  3,700 
11/07/2024 9.87  9.91  9.72  9.75  14,200 
11/06/2024 10.29  10.29  10.09  10.09  17,900 
11/05/2024 10.79  10.81  10.69  10.69  7,600 
11/04/2024 10.91  11.03  10.89  11.01  13,300 
11/01/2024 10.98  11.00  10.82  10.98  8,700 
10/31/2024 10.90  11.11  10.90  11.08  15,300 
10/30/2024 10.29  10.47  10.29  10.47  15,100 
10/29/2024 10.43  10.43  10.08  10.15  20,400 
10/28/2024 10.33  10.41  10.30  10.41  8,800 
10/25/2024 10.37  10.42  10.19  10.38  66,700 
10/24/2024 10.47  10.59  10.47  10.50  11,800 
10/23/2024 10.38  10.74  10.34  10.57  64,400 
10/22/2024 10.37  10.37  10.21  10.22  5,400 
10/21/2024 10.37  10.37  10.25  10.25  5,900 
10/18/2024 10.31  10.35  10.27  10.33  1,900 
10/17/2024 10.18  10.38  10.18  10.38  5,100 
10/16/2024 10.44  10.54  10.44  10.46  4,100 
10/15/2024 10.20  10.51  10.20  10.48  5,000 
10/14/2024 10.11  10.17  10.04  10.09  3,500 
10/11/2024 10.46  10.46  10.31  10.32  1,000.00 
10/10/2024 10.51  10.51  10.31  10.35  9,000 
10/09/2024 10.56  10.56  10.33  10.35  12,400 
10/08/2024 10.79  10.79  10.57  10.57  4,900 
10/07/2024 10.83  10.99  10.83  10.99  6,900 
10/04/2024 10.81  11.05  10.81  10.83  7,200 
10/03/2024 11.17  11.18  10.93  11.08  6,100 

About ProShares UltraShort Etf history

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

ProShares UltraShort Etf Technical Analysis

ProShares UltraShort 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 UltraShort technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProShares UltraShort 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 UltraShort Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProShares UltraShort'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 UltraShort is a strong investment it is important to analyze ProShares UltraShort'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 UltraShort's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of ProShares UltraShort 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 UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort'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 UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort'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 UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort'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.