Proshares Etf Price on May 18, 2023

SPXB Etf  USD 74.94  0.03  0.04%   
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 stands at 74.94, as last reported on the 13th of December 2024, with the highest price reaching 74.98 and the lowest price hitting 74.94 during the day. We have found twenty-nine technical indicators for ProShares, which you can use to evaluate the volatility of the etf. Please check ProShares' Coefficient Of Variation of 9605.84, risk adjusted performance of 0.0023, and Semi Deviation of 0.4826 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
SPXB
Based on monthly moving average ProShares 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 by adding ProShares to a well-diversified portfolio.

ProShares Valuation on May 18, 2023

It is possible to determine the worth of ProShares on a given historical date. On May 18, 2023 ProShares was worth 74.32 at the beginning of the trading date compared to the closed value of 73.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares etf. Still, in general, we apply an absolute valuation method to find ProShares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares' related companies.
 Open High Low Close Volume
  74.57    74.57    74.08    74.08    19.00  
05/18/2023
  74.32    74.32    73.82    73.82    203.00  
  74.34    74.34    73.68    73.68    293.00  
Backtest ProShares  |  ProShares History  |  ProShares Valuation   PreviousNext  
Open Value
74.32
73.82
Closing Value
74.32
Upside

ProShares Trading Date Momentum on May 18, 2023

On May 19 2023 ProShares was traded for  73.68  at the closing time. The top price for the day was 74.34  and the lowest listed price was  73.68 . The trading volume for the day was 293. The trading history from May 19, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.19% . The trading delta at closing time against the current closing price is 0.91% .

ProShares Fundamentals Correlations and Trends

By evaluating ProShares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ProShares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ProShares Etf history

ProShares 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 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 stock prices may prove useful in developing a viable investing in ProShares

ProShares Etf Technical Analysis

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

Price Boundaries

ProShares Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ProShares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ProShares December 13, 2024 Market Strength

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 entry and exit signals to maximize returns

ProShares Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProShares' 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 is a strong investment it is important to analyze ProShares' 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' future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of ProShares 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.