Proshares Ultrapro Qqq Etf Probability of Future Etf Price Finishing Under 79.15

TQQQ Etf  USD 86.25  3.04  3.65%   
ProShares UltraPro's future price is the expected price of ProShares UltraPro instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ProShares UltraPro QQQ performance during a given time horizon utilizing its historical volatility. Check out ProShares UltraPro Backtesting, Portfolio Optimization, ProShares UltraPro Correlation, ProShares UltraPro Hype Analysis, ProShares UltraPro Volatility, ProShares UltraPro History as well as ProShares UltraPro Performance.
  
Please specify ProShares UltraPro's target price for which you would like ProShares UltraPro odds to be computed.

ProShares UltraPro Target Price Odds to finish below 79.15

The tendency of ProShares Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 79.15  or more in 90 days
 86.25 90 days 79.15 
about 84.77
Based on a normal probability distribution, the odds of ProShares UltraPro to drop to $ 79.15  or more in 90 days from now is about 84.77 (This ProShares UltraPro QQQ probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) . Probability of ProShares UltraPro QQQ price to stay between $ 79.15  and its current price of $86.25 at the end of the 90-day period is about 13.7 .
Given the investment horizon of 90 days the etf has the beta coefficient of 2.8 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ProShares UltraPro will likely underperform. Additionally ProShares UltraPro QQQ has an alpha of 0.0505, implying that it can generate a 0.0505 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   ProShares UltraPro Price Density   
       Price  

Predictive Modules for ProShares UltraPro

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares UltraPro QQQ. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
81.9084.9788.04
Details
Intrinsic
Valuation
LowRealHigh
73.4476.5194.88
Details
Naive
Forecast
LowNextHigh
82.3485.4188.48
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
77.3280.3283.32
Details

ProShares UltraPro Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ProShares UltraPro is not an exception. The market had few large corrections towards the ProShares UltraPro's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ProShares UltraPro QQQ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProShares UltraPro within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.05
β
Beta against Dow Jones2.80
σ
Overall volatility
6.12
Ir
Information ratio 0.07

ProShares UltraPro Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ProShares UltraPro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProShares UltraPro QQQ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ProShares UltraPro appears to be risky and price may revert if volatility continues
Latest headline from zacks.com: Leveraged ETFs for Longer-Term Investors
The fund maintains 300.03% of its assets in stocks

ProShares UltraPro Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ProShares Etf often depends not only on the future outlook of the current and potential ProShares UltraPro's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ProShares UltraPro's indicators that are reflective of the short sentiment are summarized in the table below.

ProShares UltraPro Technical Analysis

ProShares UltraPro's future price can be derived by breaking down and analyzing its technical indicators over time. ProShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProShares UltraPro QQQ. In general, you should focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environments and drivers.

ProShares UltraPro Predictive Forecast Models

ProShares UltraPro's time-series forecasting models is one of many ProShares UltraPro's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ProShares UltraPro's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.

Things to note about ProShares UltraPro QQQ

Checking the ongoing alerts about ProShares UltraPro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProShares UltraPro QQQ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ProShares UltraPro appears to be risky and price may revert if volatility continues
Latest headline from zacks.com: Leveraged ETFs for Longer-Term Investors
The fund maintains 300.03% of its assets in stocks
When determining whether ProShares UltraPro QQQ 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 Ultrapro Qqq Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrapro Qqq Etf:
The market value of ProShares UltraPro QQQ 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.