Proshares Ultrashort Euro Etf Price History

EUO Etf  USD 34.08  0.13  0.38%   
Below is the normalized historical share price chart for ProShares UltraShort Euro extending back to November 25, 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 34.08, as last reported on the 13th of December 2024, with the highest price reaching 34.13 and the lowest price hitting 33.79 during the day.
3 y Volatility
14.93
200 Day MA
31.1886
1 y Volatility
11.51
50 Day MA
32.335
Inception Date
2008-11-24
 
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 Euro maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ProShares UltraShort Euro, which you can use to evaluate the volatility of the etf. Please evaluate ProShares UltraShort's Risk Adjusted Performance of 0.1413, semi deviation of 0.7115, and Coefficient Of Variation of 521.92 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 = 0.2314

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Estimated Market Risk

 0.92
  actual daily
8
92% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average ProShares UltraShort is performing at about 18% 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 Euro 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 22, 202434.46
Lowest PriceSeptember 24, 202429.64

ProShares UltraShort December 13, 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 154.40 
ProShares UltraShort Price Action Indicator 0.18 
ProShares UltraShort Price Daily Balance Of Power 0.38 
ProShares UltraShort Price Rate Of Daily Change 1.00 

ProShares UltraShort December 13, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ProShares UltraShort Euro 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 Euro 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 Sat, Sep 14, 2024 and Fri, Dec 13, 2024 has a statistical range of 4.82 with a coefficient of variation of 4.66. Under current investment horizon, the daily prices are spread out with arithmetic mean of 31.87. The median price for the last 90 days is 31.81.
OpenHighLowCloseVolume
12/12/2024 34.00  34.13  33.79  34.08  15,499 
12/11/2024 33.89  33.99  33.82  33.95  8,398 
12/10/2024 33.65  33.86  33.65  33.72  27,890 
12/09/2024 33.41  33.55  33.29  33.53  19,986 
12/06/2024 33.39  33.55  33.31  33.46  10,016 
12/05/2024 33.51  33.53  33.29  33.32  38,142 
12/04/2024 33.94  33.97  33.65  33.76  8,881 
12/03/2024 33.76  33.91  33.69  33.89  20,231 
12/02/2024 33.96  34.13  33.81  33.97  93,001 
11/29/2024 33.55  33.57  33.47  33.47  9,603 
11/27/2024 33.53  33.67  33.31  33.41  19,256 
11/26/2024 33.80  34.09  33.80  34.00  15,619 
11/25/2024 33.74  34.06  33.68  33.87  33,500 
11/22/2024 34.36  34.52  34.35  34.46  43,784 
11/21/2024 33.63  34.05  33.58  34.02  33,398 
11/20/2024 33.54  33.63  33.53  33.58  7,239 
11/19/2024 33.26  33.36  33.18  33.19  5,323 
11/18/2024 33.43  33.43  33.12  33.24  69,687 
11/15/2024 33.58  33.65  33.47  33.65  24,909 
11/14/2024 33.43  33.64  33.29  33.64  28,413 
11/13/2024 33.06  33.42  33.06  33.39  25,665 
11/12/2024 33.00  33.16  33.00  33.01  9,357 
11/11/2024 32.77  32.93  32.77  32.80  10,384 
11/08/2024 32.17  32.51  32.17  32.44  15,086 
11/07/2024 31.99  32.00  31.80  31.94  8,957 
11/06/2024 32.43  32.50  32.20  32.30  14,412 
11/05/2024 31.35  31.35  31.18  31.20  6,652 
11/04/2024 31.38  31.49  31.31  31.49  20,533 
11/01/2024 31.45  31.74  31.45  31.71  55,824 
10/31/2024 31.44  31.60  31.43  31.43  48,612 
10/30/2024 31.85  31.85  31.51  31.57  6,308 
10/29/2024 32.01  32.02  31.84  31.84  3,813 
10/28/2024 31.83  31.84  31.81  31.81  4,466 
10/25/2024 31.76  31.96  31.74  31.96  6,251 
10/24/2024 31.90  31.90  31.76  31.78  4,300 
10/23/2024 31.98  32.10  31.98  31.99  9,200 
10/22/2024 31.75  31.91  31.75  31.91  7,242 
10/21/2024 31.54  31.85  31.54  31.84  11,352 
10/18/2024 31.59  31.62  31.50  31.55  19,152 
10/17/2024 31.81  32.00  31.69  32.00  51,231 
10/16/2024 31.30  31.54  31.28  31.53  26,914 
10/15/2024 31.15  31.32  31.15  31.28  3,200 
10/14/2024 31.20  31.25  31.16  31.18  9,990 
10/11/2024 31.01  31.03  30.95  31.03  4,000 
10/10/2024 31.01  31.19  31.01  31.04  9,735 
10/09/2024 30.88  31.02  30.88  31.00  11,700 
10/08/2024 30.79  30.85  30.76  30.79  11,800 
10/07/2024 30.80  30.83  30.78  30.83  3,200 
10/04/2024 30.83  30.91  30.78  30.78  12,308 
10/03/2024 30.40  30.60  30.40  30.49  7,268 
10/02/2024 30.36  30.42  30.36  30.38  17,093 
10/01/2024 30.27  30.36  30.24  30.28  10,527 
09/30/2024 29.68  30.01  29.68  29.92  13,765 
09/27/2024 29.65  29.84  29.65  29.75  9,200 
09/26/2024 29.77  29.79  29.65  29.67  17,660 
09/25/2024 29.53  29.94  29.49  29.93  6,657 
09/24/2024 29.84  29.84  29.64  29.64  8,949 
09/23/2024 29.90  29.97  29.87  29.96  4,296 
09/20/2024 29.73  29.81  29.64  29.71  13,415 
09/19/2024 29.95  29.98  29.69  29.69  17,913 
09/18/2024 29.80  30.04  29.59  30.00  27,823 

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 Euro 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 seeks to meet its investment objective, under normal market conditions, by obtaining short exposures to its benchmark through futures contracts on its underlying currency. Ultrashort Euro 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 Euro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares UltraShort's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Ultrashort Euro Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultrashort Euro Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Euro. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of ProShares UltraShort Euro 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.