ProShares Etf Forecast - Daily Balance Of Power
| TDV Etf | USD 77.47 0.57 0.73% |
ProShares Etf Forecast is based on your current time horizon.
ProShares |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.4468 | 0.5517 |
| Check ProShares Volatility | Backtest ProShares | Trend Details |
ProShares Trading Date Momentum
| On November 20 2024 ProShares SP Technology was traded for 75.93 at the closing time. Highest ProShares's price during the trading hours was 75.93 and the lowest price during the day was 75.28 . The net volume was 14.9 K. The overall trading history on the 20th of November contributed to the next trading period price increase. The trading price change to the next next day price was 0.48% . The trading delta at closing time to current price is 3.52% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for ProShares
For every potential investor in ProShares, whether a beginner or expert, ProShares' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ProShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ProShares. Basic forecasting techniques help filter out the noise by identifying ProShares' price trends.ProShares Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares etf to make a market-neutral strategy. Peer analysis of ProShares could also be used in its relative valuation, which is a method of valuing ProShares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ProShares SP Technology Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ProShares' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ProShares' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ProShares Market Strength Events
Market strength indicators help investors to evaluate how ProShares 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 shares will generate the highest return on investment. By undertsting and applying ProShares etf market strength indicators, traders can identify ProShares SP Technology entry and exit signals to maximize returns.
| Accumulation Distribution | 24.53 | |||
| Daily Balance Of Power | (1.58) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 77.53 | |||
| Day Typical Price | 77.51 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.34) | |||
| Period Momentum Indicator | (0.57) |
ProShares Risk Indicators
The analysis of ProShares' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ProShares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting proshares etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.741 | |||
| Semi Deviation | 0.7786 | |||
| Standard Deviation | 0.9655 | |||
| Variance | 0.9322 | |||
| Downside Variance | 0.8388 | |||
| Semi Variance | 0.6062 | |||
| Expected Short fall | (0.78) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Thematic Opportunities
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Check out Historical Fundamental Analysis of ProShares to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ProShares SP Technology 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.