Proshares Ultrapro Short Etf Probability of Future Etf Price Finishing Over 18.83
| SPXU Etf | USD 37.07 0.69 1.90% |
Closest to current price ProShares long CALL Option Payoff at Expiration
ProShares |
ProShares UltraPro Target Price Odds to finish over 18.83
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 Price | Horizon | Target Price | Odds to stay above $ 18.83 in 90 days |
| 37.07 | 90 days | 18.83 | close to 99 |
Based on a normal probability distribution, the odds of ProShares UltraPro to stay above $ 18.83 in 90 days from now is close to 99 (This ProShares UltraPro Short probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) . Probability of ProShares UltraPro Short price to stay between $ 18.83 and its current price of $37.07 at the end of the 90-day period is about 62.76 .
Given the investment horizon of 90 days ProShares UltraPro Short has a beta of -0.035. This usually implies as returns on the benchmark increase, returns on holding ProShares UltraPro are expected to decrease at a much lower rate. During a bear market, however, ProShares UltraPro Short is likely to outperform the market. Additionally ProShares UltraPro Short has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. ProShares UltraPro Price Density |
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Predictive Modules for ProShares UltraPro
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 UltraPro Short. 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 UltraPro'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.
ProShares UltraPro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ProShares UltraPro is not an exception. The market had few large corrections towards the ProShares UltraPro'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 UltraPro Short, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProShares UltraPro within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.18 | |
β | Beta against NYSE Composite | -0.04 | |
σ | Overall volatility | 2.88 | |
Ir | Information ratio | -0.11 |
ProShares UltraPro 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 UltraPro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProShares UltraPro Short 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 UltraPro generated a negative expected return over the last 90 days | |
| This fund created-39.0 ten year return of -39.0% | |
| ProShares UltraPro maintains most of the assets in different exotic instruments. |
ProShares UltraPro 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 UltraPro'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 UltraPro's indicators that are reflective of the short sentiment are summarized in the table below.
ProShares UltraPro Technical Analysis
ProShares UltraPro'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 UltraPro Short. In general, you should focus on analyzing ProShares Etf price patterns and their correlations with different microeconomic environments and drivers.
ProShares UltraPro Predictive Forecast Models
ProShares UltraPro's time-series forecasting models is one of many ProShares UltraPro'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 UltraPro'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 UltraPro Short
Checking the ongoing alerts about ProShares UltraPro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProShares UltraPro Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ProShares UltraPro generated a negative expected return over the last 90 days | |
| This fund created-39.0 ten year return of -39.0% | |
| ProShares UltraPro maintains most of the assets in different exotic instruments. |
Check out ProShares UltraPro Backtesting, Portfolio Optimization, ProShares UltraPro Correlation, ProShares UltraPro Hype Analysis, ProShares UltraPro Volatility, ProShares UltraPro History as well as ProShares UltraPro Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of ProShares UltraPro Short 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 UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro'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 UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro'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 UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro'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.