Proshares Vix Short Term Etf Price on September 19, 2024
VIXY Etf | USD 43.98 0.09 0.20% |
Below is the normalized historical share price chart for ProShares VIX Short Term extending back to January 04, 2011. 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 VIX stands at 43.98, as last reported on the 13th of November 2024, with the highest price reaching 45.11 and the lowest price hitting 43.75 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. At this stage we consider ProShares Etf to be very steady. ProShares VIX Short maintains Sharpe Ratio (i.e., Efficiency) of 0.0142, which implies the entity had a 0.0142% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for ProShares VIX Short, which you can use to evaluate the volatility of the etf. Please check ProShares VIX's Variance of 21.27, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,146) to confirm if the risk estimate we provide is consistent with the expected return of 0.0644%.
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 47.78 | 200 Day MA 50.558 | 1 y Volatility 40.96 | 50 Day MA 50.8396 | Inception Date 2011-01-03 |
ProShares |
Sharpe Ratio = 0.0142
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Cash | Small Risk | Average Risk | VIXY | Huge Risk |
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Estimated Market Risk
4.52 actual daily | 40 60% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average ProShares VIX is performing at about 1% of its full potential. 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 VIX by adding it to a well-diversified portfolio.
ProShares VIX Valuation on September 19, 2024
It is possible to determine the worth of ProShares VIX on a given historical date. On September 19, 2024 ProShares was worth 47.4 at the beginning of the trading date compared to the closed value of 47.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProShares VIX etf. Still, in general, we apply an absolute valuation method to find ProShares VIX's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares VIX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProShares VIX's related companies.
Open | High | Low | Close | Volume | |
49.52 | 50.40 | 47.00 | 49.20 | 1,873,050 | |
09/19/2024 | 47.40 | 48.12 | 46.80 | 47.36 | 1,595,700 |
47.56 | 47.72 | 46.44 | 47.04 | 1,119,600 |
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ProShares VIX Trading Date Momentum on September 19, 2024
On September 20 2024 ProShares VIX Short Term was traded for 47.04 at the closing time. The top price for the day was 47.72 and the lowest listed price was 46.44 . The trading volume for the day was 1.1 M. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.68% . The trading delta at closing time against the current closing price is 6.08% . |
ProShares VIX Short Fundamentals Correlations and Trends
By evaluating ProShares VIX's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ProShares VIX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ProShares VIX Etf history
ProShares VIX 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 VIX Short 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 VIX stock prices may prove useful in developing a viable investing in ProShares VIX
The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the SP 500 over 30 days in the future. Trust VIX is traded on BATS Exchange in the United States.
ProShares VIX Etf Technical Analysis
ProShares VIX 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.
Price Boundaries
ProShares VIX Period Price Range
Low | November 13, 2024
| High |
0.00 | 0.00 |
ProShares VIX Short Term cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ProShares VIX November 13, 2024 Market Strength
Market strength indicators help investors to evaluate how ProShares VIX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProShares VIX shares will generate the highest return on investment. By undertsting and applying ProShares VIX etf market strength indicators, traders can identify ProShares VIX Short Term entry and exit signals to maximize returns
ProShares VIX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares VIX'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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | 0.4506 | |||
Total Risk Alpha | (1.18) | |||
Treynor Ratio | 0.0529 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares VIX Short Term. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of ProShares VIX 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 VIX's value that differs from its market value or its book value, called intrinsic value, which is ProShares VIX'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 VIX's market value can be influenced by many factors that don't directly affect ProShares VIX'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 VIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares VIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares VIX'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.