Proshares Ultra Smallcap600 Etf Price on March 21, 2024
| SAA Etf | USD 24.31 0.18 0.73% |
Below is the normalized historical share price chart for ProShares Ultra SmallCap600 extending back to January 25, 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 Ultra stands at 24.31, as last reported on the 4th of June, with the highest price reaching 25.12 and the lowest price hitting 24.10 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. We consider ProShares Ultra very steady. ProShares Ultra Smal maintains Sharpe Ratio (i.e., Efficiency) of 0.0284, which implies the entity had a 0.0284% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Ultra Smal, which you can use to evaluate the volatility of the etf. Please check ProShares Ultra's Risk Adjusted Performance of 0.0303, coefficient of variation of 2669.82, and Semi Deviation of 2.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0566%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 42.59 | 200 Day MA 22.0492 | 1 y Volatility 45.74 | 50 Day MA 23.77 | Inception Date 2007-01-23 |
ProShares |
Sharpe Ratio = 0.0284
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ProShares Ultra is performing at about 2% 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 Ultra by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 2.5 K |
ProShares Ultra Main Headline on 21st of March 2024
SAA Releases New Cooking Demonstration Video to Support Anky... by newswire.com
ProShares Ultra Valuation on March 21, 2024
It is possible to determine the worth of ProShares Ultra on a given historical date. On March 21, 2024 ProShares was worth 24.57 at the beginning of the trading date compared to the closed value of 24.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares Ultra etf. Still, in general, we apply an absolute valuation method to find ProShares Ultra's 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 Ultra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares Ultra's related companies.
| Open | High | Low | Close | Volume | |
| 23.53 | 24.22 | 23.42 | 24.22 | 4,063 | |
03/21/2024 | 24.57 | 24.92 | 24.46 | 24.85 | 27,272 |
| 24.96 | 24.96 | 24.16 | 24.16 | 2,733 |
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ProShares Ultra Trading Date Momentum on March 21, 2024
| On March 22 2024 ProShares Ultra SmallCap600 was traded for 24.16 at the closing time. Highest ProShares Ultra's price during the trading hours was 24.96 and the lowest price during the day was 24.16 . The net volume was 2.7 K. The overall trading history on the 22nd of March contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.78% . The trading delta at closing time to current price is 1.29% . |
ProShares Ultra Smal Fundamentals Correlations and Trends
By evaluating ProShares Ultra's 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 Ultra's 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 Ultra Etf history
ProShares Ultra 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 Ultra Smal 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 Ultra stock prices may prove useful in developing a viable investing in ProShares Ultra
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Smallcap600 is traded on NYSEARCA Exchange in the United States.
ProShares Ultra Etf Technical Analysis
ProShares Ultra 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.