Proshares Ultrashort Bloomberg Etf Price on February 20, 2018
| KOLD Etf | USD 75.76 5.56 7.92% |
Below is the normalized historical share price chart for ProShares UltraShort Bloomberg extending back to October 06, 2011. 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 75.76, as last reported on the 16th of April 2024, with the highest price reaching 75.99 and the lowest price hitting 73.38 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. ProShares UltraShort is not too volatile given 3 months investment horizon. ProShares UltraShort maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.06% are justified by taking the suggested risk. Use ProShares UltraShort Coefficient Of Variation of 755.06, semi deviation of 11.4, and Risk Adjusted Performance of 0.0926 to evaluate company specific risk that cannot be diversified away.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 142.35 | 200 Day MA 42.7631 | 1 y Volatility 97.86 | 50 Day MA 69.5421 | Inception Date 2011-10-04 |
ProShares |
Sharpe Ratio = 0.1308
| Best Portfolio | Best Equity | |||
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| Average Returns | KOLD | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 15.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.06 actual daily | 40 60% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average ProShares UltraShort is performing at about 10% 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 USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
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 seeks to meet its investment objective by investing in Natural Gas futures contracts. Ultrashort Bloomberg 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.
Price Boundaries
ProShares UltraShort Period Price Range
ProShares UltraShort April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares UltraShort 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 UltraShort shares will generate the highest return on investment. By undertsting and applying ProShares UltraShort etf market strength indicators, traders can identify ProShares UltraShort Bloomberg entry and exit signals to maximize returns
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.
| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 1.98 | |||
| Total Risk Alpha | 0.7479 | |||
| Sortino Ratio | 0.1494 | |||
| Treynor Ratio | 1.26 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Bloomberg. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.