Proshares Ultrashort Utilities Etf Probability of Future Etf Price Finishing Under 22.46

SDP Etf  USD 11.68  0.68  5.50%   
ProShares UltraShort's implied volatility is one of the determining factors in the pricing options written on ProShares UltraShort Utilities. Implied volatility approximates the future value of ProShares UltraShort 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 UltraShort Utilities over a specific time period. For example, 2024-04-19 CALL at $11.0 is a CALL option contract on ProShares UltraShort's common stock with a strick price of 11.0 expiring on 2024-04-19. The contract was last traded on 2024-03-13 at 10:34:31 for $1.25 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.0, and an ask price of $3.0. The implied volatility as of the 28th of March is 198.66. View All ProShares options

Closest to current price ProShares long CALL Option Payoff at Expiration

ProShares UltraShort's future price is the expected price of ProShares UltraShort 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 UltraShort Utilities performance during a given time horizon utilizing its historical volatility. Check out ProShares UltraShort Backtesting, Portfolio Optimization, ProShares UltraShort Correlation, ProShares UltraShort Hype Analysis, ProShares UltraShort Volatility, ProShares UltraShort History as well as ProShares UltraShort Performance.
  
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ProShares UltraShort Target Price Odds to finish below 22.46

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 stay under $ 22.46  after 90 days
 11.68 90 days 22.46 
close to 99
Based on a normal probability distribution, the odds of ProShares UltraShort to stay under $ 22.46  after 90 days from now is close to 99 (This ProShares UltraShort Utilities probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) . Probability of ProShares UltraShort price to stay between its current price of $ 11.68  and $ 22.46  at the end of the 90-day period is about 97.0 .
Considering the 90-day investment horizon ProShares UltraShort Utilities has a beta of -1.85. This usually implies as returns on its benchmark rise, returns on holding ProShares UltraShort Utilities are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ProShares UltraShort is expected to outperform its benchmark. Additionally ProShares UltraShort Utilities has an alpha of 0.1047, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   ProShares UltraShort Price Density   
       Price  

Predictive Modules for ProShares UltraShort

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 UltraShort. 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 UltraShort'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
9.6111.6813.75
Details
Intrinsic
Valuation
LowRealHigh
8.9110.9813.05
Details
Naive
Forecast
LowNextHigh
9.5911.6513.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.4812.0412.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares UltraShort. Your research has to be compared to or analyzed against ProShares UltraShort's peers to derive any actionable benefits. When done correctly, ProShares UltraShort'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 UltraShort.

ProShares UltraShort Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ProShares UltraShort is not an exception. The market had few large corrections towards the ProShares UltraShort'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 UltraShort Utilities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProShares UltraShort within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.10
β
Beta against NYSE Composite-1.85
σ
Overall volatility
0.61
Ir
Information ratio -0.13

ProShares UltraShort 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 UltraShort for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProShares UltraShort can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ProShares UltraShort generated a negative expected return over the last 90 days
Latest headline from prnewswire.com: SDP Announces Their Annual Conference April 15-19, 2024
This fund generated-21.0 ten year return of -21.0%
ProShares UltraShort maintains most of the assets in different exotic instruments.

ProShares UltraShort 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 UltraShort'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 UltraShort's indicators that are reflective of the short sentiment are summarized in the table below.

ProShares UltraShort Technical Analysis

ProShares UltraShort'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 UltraShort Utilities. In general, you should focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environments and drivers.

ProShares UltraShort Predictive Forecast Models

ProShares UltraShort's time-series forecasting models is one of many ProShares UltraShort'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 UltraShort'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 UltraShort

Checking the ongoing alerts about ProShares UltraShort for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProShares UltraShort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ProShares UltraShort generated a negative expected return over the last 90 days
Latest headline from prnewswire.com: SDP Announces Their Annual Conference April 15-19, 2024
This fund generated-21.0 ten year return of -21.0%
ProShares UltraShort maintains most of the assets in different exotic instruments.
When determining whether ProShares UltraShort is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Ultrashort Utilities Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Ultrashort Utilities Etf:
Check out ProShares UltraShort Backtesting, Portfolio Optimization, ProShares UltraShort Correlation, ProShares UltraShort Hype Analysis, ProShares UltraShort Volatility, ProShares UltraShort History as well as ProShares UltraShort Performance.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for ProShares Etf analysis

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.