Proshares Ultrashort Smallcap600 Etf Price History

SDD Etf  USD 17.83  0.86  4.60%   
Below is the normalized historical share price chart for ProShares UltraShort 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 UltraShort stands at 17.83, as last reported on the 28th of March, with the highest price reaching 18.09 and the lowest price hitting 17.83 during the day.
3 y Volatility
40.65
200 Day MA
22.1257
1 y Volatility
43.56
50 Day MA
19.2372
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 -0.0066, which implies the entity had a -0.0066% return per unit of risk over the last 3 months. ProShares UltraShort exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares UltraShort's Variance of 5.48, risk adjusted performance of 7.0E-4, and Coefficient Of Variation of (8,052) 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 = -0.0066

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Negative ReturnsSDD

Estimated Market Risk

 2.39
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  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 SmallCap600 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, 202420.61
Lowest PriceMarch 27, 202417.83

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 Accumulation Distribution 3.94 
ProShares UltraShort Price Action Indicator(0.56)
ProShares UltraShort Price Daily Balance Of Power(3.31)
ProShares UltraShort Market Facilitation Index 0.0009 
ProShares UltraShort Price Rate Of Daily Change 0.95 

ProShares UltraShort March 28, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in ProShares UltraShort SmallCap600 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 SmallCap600 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 2.8 with a coefficient of variation of 3.46. The price distribution for the period has arithmetic mean of 19.06. The median price for the last 90 days is 19.04. The company had dividends distributed to its stock-holders on 24th of December 2019.
OpenHighLowCloseVolume
03/27/2024 18.09  18.09  17.83  17.83  274.00 
03/26/2024 18.69  18.69  18.69  18.69  16.00 
03/25/2024 18.43  18.61  18.43  18.61  369.00 
03/22/2024 18.41  18.51  18.41  18.51  302.00 
03/21/2024 18.06  18.06  18.04  18.04  1,652 
03/20/2024 19.18  19.18  18.46  18.46  2,280 
03/19/2024 19.27  19.27  19.10  19.10  600.00 
03/18/2024 19.30  19.53  19.30  19.41  1,900 
03/15/2024 19.25  19.52  19.22  19.22  1,900 
03/14/2024 19.27  19.74  19.27  19.42  2,705 
03/13/2024 18.79  18.93  18.79  18.81  341.00 
03/12/2024 19.05  19.16  18.78  18.78  1,321 
03/11/2024 18.91  18.91  18.71  18.71  567.00 
03/08/2024 18.17  18.64  18.15  18.48  3,350 
03/07/2024 18.56  18.59  18.47  18.47  942.00 
03/06/2024 18.97  18.97  18.78  18.78  294.00 
03/05/2024 18.82  19.07  18.82  18.86  4,164 
03/04/2024 18.73  18.84  18.72  18.72  231.00 
03/01/2024 18.70  18.71  18.50  18.50  1,358 
02/29/2024 18.73  18.73  18.61  18.61  369.00 
02/28/2024 19.02  19.02  18.90  18.90  84.00 
02/27/2024 18.85  18.85  18.61  18.61  358.00 
02/26/2024 19.03  19.03  18.92  18.92  529.00 
02/23/2024 19.22  19.22  18.89  18.89  1,109 
02/22/2024 19.30  19.30  19.04  19.04  680.00 
02/21/2024 19.54  19.54  19.15  19.15  2,428 
02/20/2024 19.06  19.22  19.05  19.05  1,352 
02/16/2024 18.69  18.82  18.59  18.59  2,807 
02/15/2024 18.66  18.76  18.22  18.22  3,205 
02/14/2024 19.78  19.78  19.10  19.10  951.00 
02/13/2024 19.68  20.16  19.58  19.93  2,860 
02/12/2024 18.59  18.61  18.50  18.50  2,512 
02/09/2024 19.76  19.76  19.23  19.23  321.00 
02/08/2024 20.27  20.27  19.70  19.70  1,484 
02/07/2024 20.23  20.35  20.19  20.22  1,070 
02/06/2024 20.25  20.25  20.13  20.13  788.00 
02/05/2024 20.39  20.73  20.27  20.27  4,657 
02/02/2024 20.00  20.04  19.63  19.63  3,083 
02/01/2024 19.87  20.40  19.51  19.51  6,303 
01/31/2024 19.31  19.97  19.20  19.84  7,122 
01/30/2024 18.99  19.14  18.92  18.92  1,189 
01/29/2024 19.19  19.23  18.78  18.78  2,727 
01/26/2024 19.20  19.28  19.16  19.16  2,760 
01/25/2024 19.63  19.63  19.28  19.28  3,364 
01/24/2024 19.59  19.64  19.52  19.52  662.00 
01/23/2024 18.78  19.36  18.78  19.21  2,356 
01/22/2024 19.56  19.56  19.02  19.02  4,947 
01/19/2024 20.55  20.55  19.83  19.83  2,467 
01/18/2024 20.60  20.76  20.31  20.31  14,133 
01/17/2024 21.03  21.03  20.60  20.61  3,640 
01/16/2024 20.18  20.38  20.18  20.25  894.00 
01/12/2024 19.93  19.93  19.81  19.81  997.00 
01/11/2024 19.71  20.20  19.71  19.76  7,935 
01/10/2024 19.60  19.60  19.48  19.48  585.00 
01/09/2024 19.79  19.79  19.55  19.55  3,515 
01/08/2024 19.69  19.72  19.05  19.05  6,076 
01/05/2024 19.85  19.86  19.74  19.74  2,616 
01/04/2024 19.56  19.74  19.56  19.62  4,015 
01/03/2024 19.23  19.67  19.23  19.54  2,324 
01/02/2024 18.89  18.89  18.58  18.58  1,638 
12/29/2023 18.17  18.43  17.98  18.31  3,604 

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 Smallcap600 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 SmallCap600. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the ProShares UltraShort information on this page should be used as a complementary analysis to other ProShares UltraShort'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running ProShares UltraShort's price analysis, check to measure ProShares UltraShort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares UltraShort is operating at the current time. Most of ProShares UltraShort's value examination focuses on studying past and present price action to predict the probability of ProShares UltraShort's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares UltraShort's price. Additionally, you may evaluate how the addition of ProShares UltraShort to your portfolios can decrease your overall portfolio volatility.
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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.