Proshares Ultrashort Russell2000 Etf Price History

TWM Etf  USD 10.47  0.09  0.85%   
Below is the normalized historical share price chart for ProShares UltraShort Russell2000 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 UltraShort stands at 10.47, as last reported on the 28th of March, with the highest price reaching 10.47 and the lowest price hitting 10.40 during the day.
3 y Volatility
41.87
200 Day MA
13.785
1 y Volatility
45.3
50 Day MA
11.7588
Inception Date
2007-01-23
 
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 -0.0543, which implies the entity had a -0.0543% 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 Risk Adjusted Performance of (0.02), coefficient of variation of (2,290), and Variance of 6.3 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 = -0.0543

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Negative ReturnsTWM

Estimated Market Risk

 2.55
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  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 Russell2000 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 PriceJanuary 17, 202413.0
Lowest PriceMarch 28, 202410.4699

ProShares UltraShort March 28, 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(0.01)
ProShares UltraShort Price Daily Balance Of Power(1.29)
ProShares UltraShort Price Rate Of Daily Change 0.99 

ProShares UltraShort March 28, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ProShares UltraShort Russell2000 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 Russell2000 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 Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 2.27 with a coefficient of variation of 5.15. The price distribution for the period has arithmetic mean of 11.74. The median price for the last 90 days is 11.69. The company had dividends distributed to its stock-holders on 25th of March 2020.
OpenHighLowCloseVolume
03/28/2024
 10.56  10.47  10.40  10.47 
03/27/2024 10.85  10.92  10.56  10.56  2,587,085 
03/26/2024 10.81  11.04  10.76  11.01  2,045,426 
03/25/2024 10.96  10.98  10.83  10.97  1,307,524 
03/22/2024 10.74  11.01  10.70  11.01  2,092,950 
03/21/2024 10.82  10.83  10.62  10.73  2,998,921 
03/20/2024 11.48  11.53  10.87  10.96  4,607,037 
03/19/2024 11.77  11.77  11.40  11.40  1,790,300 
03/18/2024 11.41  11.63  11.38  11.52  1,907,700 
03/15/2024 11.59  11.60  11.37  11.37  4,175,858 
03/14/2024 11.18  11.70  11.15  11.43  4,748,091 
03/13/2024 11.19  11.19  11.00  11.01  2,787,655 
03/12/2024 11.16  11.33  11.07  11.10  2,656,277 
03/11/2024 11.06  11.19  10.97  11.06  2,590,716 
03/08/2024 10.75  11.07  10.59  10.90  4,427,249 
03/07/2024 10.97  11.01  10.83  10.88  2,364,397 
03/06/2024 11.04  11.24  11.03  11.05  5,991,757 
03/05/2024 11.22  11.36  11.05  11.20  3,462,337 
03/04/2024 10.92  11.09  10.85  10.98  2,515,288 
03/01/2024 11.20  11.35  10.96  10.96  2,614,902 
02/29/2024 11.11  11.41  11.03  11.21  3,324,832 
02/28/2024 11.42  11.48  11.26  11.34  2,007,090 
02/27/2024 11.35  11.41  11.17  11.17  2,214,388 
02/26/2024 11.73  11.79  11.46  11.46  2,498,673 
02/23/2024 11.74  11.86  11.57  11.62  2,611,257 
02/22/2024 11.85  11.93  11.65  11.65  3,841,748 
02/21/2024 11.97  12.11  11.83  11.83  2,481,129 
02/20/2024 11.77  11.90  11.71  11.73  3,480,110 
02/16/2024 11.44  11.55  11.27  11.40  2,723,366 
02/15/2024 11.59  11.61  11.12  11.12  3,401,647 
02/14/2024 11.98  12.16  11.69  11.69  3,817,495 
02/13/2024 12.18  12.54  12.04  12.27  3,479,168 
02/12/2024 11.79  11.79  11.34  11.34  1,804,470 
02/09/2024 12.13  12.20  11.76  11.76  2,754,647 
02/08/2024 12.61  12.68  12.14  12.14  2,760,763 
02/07/2024 12.49  12.76  12.49  12.51  3,961,941 
02/06/2024 12.81  12.90  12.46  12.46  2,768,115 
02/05/2024 12.70  13.01  12.63  12.67  3,809,430 
02/02/2024 12.59  12.70  12.31  12.35  2,812,055 
02/01/2024 12.46  12.82  12.20  12.20  3,646,564 
01/31/2024 12.12  12.66  11.90  12.55  6,381,314 
01/30/2024 11.97  12.12  11.91  11.96  1,069,380 
01/29/2024 12.24  12.38  11.76  11.76  1,472,270 
01/26/2024 12.16  12.34  12.03  12.18  1,698,141 
01/25/2024 12.12  12.46  12.05  12.18  2,218,001 
01/24/2024 11.97  12.48  11.94  12.36  2,357,695 
01/23/2024 11.97  12.38  11.93  12.16  1,617,638 
01/22/2024 12.48  12.50  12.09  12.09  1,890,926 
01/19/2024 12.87  13.15  12.62  12.62  2,108,136 
01/18/2024 12.95  13.28  12.85  12.85  1,733,734 
01/17/2024 13.27  13.36  13.00  13.00  1,533,822 
01/16/2024 12.81  13.01  12.72  12.80  2,046,527 
01/12/2024 12.25  12.66  12.10  12.49  2,086,428 
01/11/2024 12.42  12.83  12.40  12.44  3,756,111 
01/10/2024 12.38  12.59  12.26  12.26  2,025,803 
01/09/2024 12.44  12.54  12.25  12.26  2,948,706 
01/08/2024 12.58  12.71  12.01  12.01  2,055,162 
01/05/2024 12.65  12.70  12.29  12.47  3,379,222 
01/04/2024 12.46  12.51  12.31  12.40  3,118,674 
01/03/2024 12.04  12.49  12.03  12.34  3,412,175 
01/02/2024 11.83  11.93  11.56  11.72  3,451,906 

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 Russell 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 Russell2000. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.