Proshares Ultra Bloomberg Etf Price on January 12, 2018
| UCO Etf | USD 33.53 1.75 4.96% |
Below is the normalized historical share price chart for ProShares Ultra Bloomberg 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 Ultra stands at 33.53, as last reported on the 18th of April 2024, with the highest price reaching 35.05 and the lowest price hitting 33.35 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. ProShares Ultra appears to be very steady, given 3 months investment horizon. ProShares Ultra Bloomberg maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ProShares Ultra Bloomberg, which you can use to evaluate the volatility of the etf. Please evaluate ProShares Ultra's Risk Adjusted Performance of 0.1126, semi deviation of 2.12, and Coefficient Of Variation of 597.08 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.
3 y Volatility 50.55 | 200 Day MA 30.3362 | 1 y Volatility 44.72 | 50 Day MA 31.2846 | Inception Date 2008-11-24 |
ProShares |
Sharpe Ratio = 0.1715
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Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average ProShares Ultra is performing at about 13% 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.
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.
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 Bloomberg 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 seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments based on WTI sweet, light crude oil. Ultra Bloomberg 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.
Price Boundaries
ProShares Ultra Period Price Range
ProShares Ultra April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares Ultra 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 Ultra shares will generate the highest return on investment. By undertsting and applying ProShares Ultra etf market strength indicators, traders can identify ProShares Ultra Bloomberg entry and exit signals to maximize returns
ProShares Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Ultra'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 | 0.1126 | |||
| Jensen Alpha | 0.3408 | |||
| Total Risk Alpha | 0.1939 | |||
| Sortino Ratio | 0.1252 | |||
| Treynor Ratio | 2.17 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra 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 main economic indicators. Note that the ProShares Ultra Bloomberg information on this page should be used as a complementary analysis to other ProShares Ultra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of ProShares Ultra Bloomberg 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.