Proshares Ultra Qqq Etf Probability of Future Etf Price Finishing Over 99.86

QLD Etf  USD 99.86  0.69  0.69%   
ProShares Ultra's implied volatility is one of the determining factors in the pricing options written on ProShares Ultra QQQ. Implied volatility approximates the future value of ProShares Ultra based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in ProShares Ultra QQQ over a specific time period. For example, 2024-08-16 CALL at $100.0 is a CALL option contract on ProShares Ultra's common stock with a strick price of 100.0 expiring on 2024-08-16. The contract was last traded on 2024-07-23 at 13:17:46 for $3.9 and, as of today, has 23 days remaining before the expiration. The option is currently trading at a bid price of $3.1, and an ask price of $4.1. The implied volatility as of the 24th of July is 38.07. View All ProShares options

Closest to current price ProShares long CALL Option Payoff at Expiration

ProShares Ultra's future price is the expected price of ProShares Ultra instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ProShares Ultra QQQ performance during a given time horizon utilizing its historical volatility. Check out ProShares Ultra Backtesting, Portfolio Optimization, ProShares Ultra Correlation, ProShares Ultra Hype Analysis, ProShares Ultra Volatility, ProShares Ultra History as well as ProShares Ultra Performance.
  
Please specify ProShares Ultra's target price for which you would like ProShares Ultra odds to be computed.

ProShares Ultra Target Price Odds to finish over 99.86

The tendency of ProShares Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 99.86 90 days 99.86 
about 23.44
Based on a normal probability distribution, the odds of ProShares Ultra to move above the current price in 90 days from now is about 23.44 (This ProShares Ultra QQQ probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon ProShares Ultra has a beta of 0.87 indicating ProShares Ultra QQQ market returns are highly-sensitive to returns on the market. As the market goes up or down, ProShares Ultra is expected to follow. Additionally ProShares Ultra QQQ has an alpha of 0.2821, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   ProShares Ultra Price Density   
       Price  

Predictive Modules for ProShares Ultra

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares Ultra QQQ. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares Ultra's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
97.8499.68101.52
Details
Intrinsic
Valuation
LowRealHigh
89.87106.11107.95
Details
Naive
Forecast
LowNextHigh
92.7694.6096.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
84.6997.42110.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares Ultra. Your research has to be compared to or analyzed against ProShares Ultra's peers to derive any actionable benefits. When done correctly, ProShares Ultra's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ProShares Ultra QQQ.

ProShares Ultra Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ProShares Ultra is not an exception. The market had few large corrections towards the ProShares Ultra's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ProShares Ultra QQQ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProShares Ultra within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.28
β
Beta against Dow Jones0.87
σ
Overall volatility
9.15
Ir
Information ratio 0.14

ProShares Ultra Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ProShares Ultra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProShares Ultra QQQ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Norden Group LLC Takes Position in ProShares Ultra QQQ - Defense World
The fund maintains 92.01% of its assets in stocks

ProShares Ultra Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ProShares Etf often depends not only on the future outlook of the current and potential ProShares Ultra's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ProShares Ultra's indicators that are reflective of the short sentiment are summarized in the table below.

ProShares Ultra Technical Analysis

ProShares Ultra's future price can be derived by breaking down and analyzing its technical indicators over time. ProShares Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProShares Ultra QQQ. In general, you should focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environments and drivers.

ProShares Ultra Predictive Forecast Models

ProShares Ultra's time-series forecasting models is one of many ProShares Ultra's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ProShares Ultra's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.

Things to note about ProShares Ultra QQQ

Checking the ongoing alerts about ProShares Ultra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProShares Ultra QQQ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Norden Group LLC Takes Position in ProShares Ultra QQQ - Defense World
The fund maintains 92.01% of its assets in stocks

Additional Information and Resources on Investing in ProShares Etf

When determining whether ProShares Ultra QQQ is a strong investment it is important to analyze ProShares Ultra'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 Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
The market value of ProShares Ultra QQQ 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.