Proshares Ultrashort 20 Etf Price History

TBT Etf  USD 34.63  0.16  0.46%   
Below is the normalized historical share price chart for ProShares UltraShort 20 extending back to May 01, 2008. 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 34.63, as last reported on the 18th of December 2024, with the highest price reaching 34.80 and the lowest price hitting 34.41 during the day.
3 y Volatility
33.46
200 Day MA
33.2653
1 y Volatility
28.99
50 Day MA
33.3682
Inception Date
2008-04-29
 
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 appears to be very steady, given 3 months investment horizon. ProShares UltraShort maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ProShares UltraShort, which you can use to evaluate the volatility of the etf. Please evaluate ProShares UltraShort's Risk Adjusted Performance of 0.1495, semi deviation of 1.43, and Coefficient Of Variation of 504.35 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 = 0.1684

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average ProShares UltraShort is performing at about 13% 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 UltraShort by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
USD -
Market Capitalisation
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ProShares UltraShort Etf Price History Chart

There are several ways to analyze ProShares UltraShort 20 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 PriceNovember 13, 202435.27
Lowest PriceOctober 1, 202429.37

ProShares UltraShort December 18, 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 Accumulation Distribution 6,595 
ProShares UltraShort Price Action Indicator(0.05)
ProShares UltraShort Price Daily Balance Of Power(0.41)
ProShares UltraShort Price Rate Of Daily Change 1.00 

ProShares UltraShort December 18, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ProShares UltraShort 20 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 20 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 Thu, Sep 19, 2024 and Wed, Dec 18, 2024 has a statistical range of 7.41 with a coefficient of variation of 6.14. The price distribution for the period has arithmetic mean of 32.55. The median price for the last 90 days is 33.0. The company had dividends distributed to its stock-holders on 25th of March 2020.
OpenHighLowCloseVolume
12/17/2024 34.69  34.80  34.41  34.63  588,502 
12/16/2024 34.67  35.11  34.66  34.79  376,200 
12/13/2024 34.44  35.06  34.44  34.96  731,654 
12/12/2024 33.81  34.33  33.81  34.28  337,659 
12/11/2024 32.88  33.50  32.72  33.48  544,962 
12/10/2024 32.79  32.92  32.67  32.82  447,101 
12/09/2024 32.17  32.53  32.16  32.48  415,413 
12/06/2024 31.66  32.13  31.59  31.90  738,809 
12/05/2024 32.26  32.35  31.88  32.01  787,593 
12/04/2024 33.14  33.14  32.00  32.07  412,860 
12/03/2024 32.11  32.82  32.11  32.76  735,172 
12/02/2024 32.52  32.78  32.03  32.14  913,000 
11/29/2024 32.54  32.73  32.35  32.42  523,900 
11/27/2024 32.90  33.23  32.74  33.00  926,108 
11/26/2024 33.56  33.85  33.38  33.38  498,321 
11/25/2024 33.55  33.74  33.14  33.18  1,166,300 
11/22/2024 34.88  35.15  34.73  34.95  468,816 
11/21/2024 34.89  35.24  34.61  35.08  352,665 
11/20/2024 35.12  35.14  34.59  34.91  498,659 
11/19/2024 34.61  34.74  34.40  34.65  374,955 
11/18/2024 35.47  35.66  34.78  35.04  537,306 
11/15/2024 35.18  35.57  34.71  35.13  1,458,500 
11/14/2024 34.83  34.96  34.38  34.91  1,230,200 
11/13/2024 34.14  35.38  33.92  35.27  1,063,000 
11/12/2024 34.18  34.76  33.79  34.63  1,767,000 
11/11/2024 33.50  33.92  33.46  33.59  514,812 
11/08/2024 33.71  33.79  33.24  33.33  1,357,200 
11/07/2024 34.59  34.68  33.97  34.21  1,259,689 
11/06/2024 35.46  35.47  34.62  34.98  1,836,309 
11/05/2024 33.74  33.98  33.07  33.22  479,946 
11/04/2024 33.48  33.97  33.28  33.56  394,162 
11/01/2024 33.88  34.61  33.37  34.60  702,085 
10/31/2024 33.80  33.99  33.25  33.61  450,522 
10/30/2024 33.31  33.78  32.97  33.65  332,100 
10/29/2024 34.51  34.63  33.87  33.89  496,137 
10/28/2024 33.73  34.31  33.67  34.01  410,962 
10/25/2024 33.09  33.86  33.09  33.80  495,013 
10/24/2024 33.69  33.86  33.12  33.29  320,816 
10/23/2024 33.91  34.06  33.58  33.80  505,503 
10/22/2024 33.35  33.75  33.26  33.54  376,231 
10/21/2024 33.05  33.64  33.05  33.64  520,385 
10/18/2024 32.39  32.49  32.23  32.49  256,221 
10/17/2024 32.23  32.58  32.09  32.52  336,900 
10/16/2024 31.41  31.62  31.30  31.55  201,890 
10/15/2024 32.05  32.11  31.63  31.63  645,903 
10/14/2024 32.77  33.08  32.57  32.57  380,303 
10/11/2024 32.66  32.75  32.33  32.54  941,600 
10/10/2024 32.40  32.70  32.28  32.30  533,900 
10/09/2024 31.79  32.16  31.71  32.04  291,700 
10/08/2024 31.94  32.06  31.62  31.62  443,900 
10/07/2024 31.58  31.77  31.49  31.72  598,494 
10/04/2024 31.23  31.32  30.99  31.26  850,806 
10/03/2024 30.09  30.45  30.00  30.45  461,700 
10/02/2024 30.05  30.25  29.85  29.90  495,076 
10/01/2024 29.21  29.45  28.86  29.37  515,294 
09/30/2024 29.48  29.94  29.47  29.78  342,669 
09/27/2024 29.50  29.73  29.42  29.51  440,619 
09/26/2024 29.83  30.18  29.70  29.81  385,580 
09/25/2024 29.63  29.93  29.63  29.92  274,792 
09/24/2024 29.86  29.92  29.33  29.40  474,108 
09/23/2024 29.52  29.80  29.18  29.41  539,844 

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 Lehman 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 good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrashort 20 Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrashort 20 Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort 20. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.