Proshares Ultrashort Financials Etf Price History

SKF Etf  USD 35.68  0.99  2.70%   
Below is the normalized historical share price chart for ProShares UltraShort Financials extending back to February 01, 2007. 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 35.68, as last reported on the 24th of December, with the highest price reaching 37.04 and the lowest price hitting 35.17 during the day.
3 y Volatility
38.34
200 Day MA
43.9753
1 y Volatility
25.12
50 Day MA
35.2786
Inception Date
2007-05-23
 
Housing Crash
 
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 maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the entity had a -0.11% return per unit of risk over the last 3 months. ProShares UltraShort exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares UltraShort's Coefficient Of Variation of (1,504), variance of 5.21, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1076

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Estimated Market Risk

 2.32
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average ProShares UltraShort 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 UltraShort by adding ProShares UltraShort to a well-diversified portfolio.
Average Mkt Cap Mil
USD -
Market Capitalisation
{Big=-, Small=-, Mega=-, Medium=-, Micro=-}

ProShares UltraShort Etf Price History Chart

There are several ways to analyze ProShares UltraShort Financials 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 PriceOctober 3, 202441.56
Lowest PriceNovember 29, 202431.71

ProShares UltraShort December 24, 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 Price Action Indicator(0.92)
ProShares UltraShort Price Daily Balance Of Power(0.53)
ProShares UltraShort Price Rate Of Daily Change 0.97 

ProShares UltraShort December 24, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ProShares UltraShort Financials 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 Financials 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 Wed, Sep 25, 2024 and Tue, Dec 24, 2024 has a statistical range of 9.97 with a coefficient of variation of 8.63. The price distribution for the period has arithmetic mean of 36.62. The median price for the last 90 days is 37.02. The company had dividends distributed to its stock-holders on 25th of September 2019.
OpenHighLowCloseVolume
12/24/2024
 37.04  37.04  35.17  35.68 
12/20/2024 37.04  37.04  35.17  35.68  14,635 
12/19/2024 36.33  36.67  35.72  36.67  23,122 
12/18/2024 34.77  37.02  34.60  37.02  19,106 
12/17/2024 34.73  35.07  34.73  34.82  11,350 
12/16/2024 34.36  34.38  34.22  34.35  7,851 
12/13/2024 33.89  34.32  33.89  34.30  3,572 
12/12/2024 33.83  34.08  33.83  34.08  1,300 
12/11/2024 33.98  33.98  33.76  33.83  11,427 
12/10/2024 34.20  34.37  33.59  33.97  10,713 
12/09/2024 33.16  33.89  33.16  33.89  8,774 
12/06/2024 32.95  33.14  32.80  32.97  3,167 
12/05/2024 33.27  33.27  32.67  32.95  4,557 
12/04/2024 32.98  33.36  32.98  33.12  12,773 
12/03/2024 32.21  32.90  32.21  32.90  8,382 
12/02/2024 31.62  32.47  31.61  32.35  29,300 
11/29/2024 31.58  31.84  31.58  31.71  17,330 
11/27/2024 31.67  31.85  31.42  31.85  32,935 
11/26/2024 32.36  32.36  31.83  31.92  11,929 
11/25/2024 32.04  32.19  31.84  32.04  10,318 
11/22/2024 32.83  32.83  32.40  32.40  12,434 
11/21/2024 33.74  33.86  32.94  33.12  28,858 
11/20/2024 33.88  34.35  33.88  33.99  12,093 
11/19/2024 34.01  34.09  33.59  33.84  11,669 
11/18/2024 33.45  33.61  33.25  33.41  15,255 
11/15/2024 33.89  33.94  33.40  33.51  22,241 
11/14/2024 33.45  33.93  33.39  33.84  5,045 
11/13/2024 33.60  33.64  33.16  33.64  14,640 
11/12/2024 33.40  33.87  33.40  33.66  14,802 
11/11/2024 33.69  33.73  33.16  33.50  54,244 
11/08/2024 34.63  34.82  34.09  34.43  26,171 
11/07/2024 34.40  34.98  34.40  34.97  14,857 
11/06/2024 34.72  35.30  33.74  33.86  42,043 
11/05/2024 39.24  39.40  38.60  38.60  7,882 
11/04/2024 38.84  39.72  38.80  39.32  9,330 
11/01/2024 38.64  38.80  38.13  38.80  6,076 
10/31/2024 38.04  38.88  37.82  38.84  7,454 
10/30/2024 38.16  38.16  37.40  37.88  4,849 
10/29/2024 37.88  38.27  37.76  38.21  4,618 
10/28/2024 38.32  38.32  37.70  37.76  7,081 
10/25/2024 37.56  38.84  37.56  38.68  9,762 
10/24/2024 37.80  38.22  37.76  37.82  4,395 
10/23/2024 37.96  38.16  37.68  37.88  11,000 
10/22/2024 38.04  38.32  37.64  37.76  21,350 
10/21/2024 37.12  37.74  37.08  37.64  14,241 
10/18/2024 36.92  37.32  36.87  36.92  8,575 
10/17/2024 36.80  37.00  36.72  36.98  12,545 
10/16/2024 37.96  37.96  37.16  37.16  8,031 
10/15/2024 37.68  38.14  37.32  38.14  17,837 
10/14/2024 38.60  38.76  38.20  38.30  12,208 
10/11/2024 39.84  39.84  38.60  38.68  14,234 
10/10/2024 39.96  40.52  39.87  40.20  12,387 
10/09/2024 40.84  40.84  39.84  39.98  5,162 
10/08/2024 40.92  40.98  40.52  40.72  6,102 
10/07/2024 40.16  41.44  40.16  41.16  13,660 
10/04/2024 40.64  41.04  40.08  40.08  14,440 
10/03/2024 41.48  41.84  41.37  41.56  13,147 
10/02/2024 41.20  41.39  40.89  41.12  4,138 
10/01/2024 41.00  41.64  40.76  41.20  6,142 
09/30/2024 41.12  41.51  40.73  40.73  4,528 
09/27/2024 41.00  41.08  40.44  40.93  6,096 

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 Financials 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 strong investment it is important to analyze ProShares UltraShort's 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 UltraShort's 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, which includes a position in ProShares UltraShort Financials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.