Proshares Ultra Health Etf Price History
RXL Etf | USD 48.53 0.09 0.19% |
Below is the normalized historical share price chart for ProShares Ultra Health extending back to February 01, 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 Ultra stands at 48.53, as last reported on the 22nd of November, with the highest price reaching 48.78 and the lowest price hitting 48.43 during the day.
If you're considering investing in ProShares Etf, it is important to understand the factors that can impact its price. ProShares Ultra Health maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the entity had a -0.17% return per unit of risk over the last 3 months. ProShares Ultra Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProShares Ultra's Coefficient Of Variation of (603.15), variance of 1.83, and Risk Adjusted Performance of (0.12) 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.
3 y Volatility 28.95 | 200 Day MA 52.3344 | 1 y Volatility 24.02 | 50 Day MA 53.4568 | Inception Date 2007-01-30 |
ProShares |
Sharpe Ratio = -0.1738
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RXL |
Estimated Market Risk
1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Ultra 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 Ultra by adding ProShares Ultra to a well-diversified portfolio.
Average Mkt Cap Mil 168 K |
ProShares Ultra Etf Price History Chart
There are several ways to analyze ProShares Ultra Health Etf price data. The simplest method is using a basic ProShares candlestick price chart, which shows ProShares Ultra 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 Price | August 30, 2024 | 58.16 |
Lowest Price | November 19, 2024 | 46.5 |
ProShares Ultra November 22, 2024 Etf Price Synopsis
Various analyses of ProShares Ultra'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 Ultra 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 Ultra Price Rate Of Daily Change | 1.00 | |
ProShares Ultra Market Facilitation Index | 0.0001 | |
ProShares Ultra Price Daily Balance Of Power | 0.26 | |
ProShares Ultra Price Action Indicator | (0.03) | |
ProShares Ultra Accumulation Distribution | 22.60 |
ProShares Ultra November 22, 2024 Etf Price Analysis
ProShares Etf Price History Data
The price series of ProShares Ultra for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 11.66 with a coefficient of variation of 5.58. The price distribution for the period has arithmetic mean of 54.15. The median price for the last 90 days is 55.16. The company had dividends distributed to its stock-holders on 25th of March 2020.Open | High | Low | Close | Volume | ||
11/22/2024 | 48.78 | 48.78 | 48.43 | 48.53 | 3,150 | |
11/21/2024 | 47.75 | 48.44 | 47.22 | 48.44 | 7,572 | |
11/20/2024 | 47.06 | 47.70 | 46.93 | 47.65 | 4,695 | |
11/19/2024 | 46.00 | 46.73 | 46.00 | 46.50 | 17,101 | |
11/18/2024 | 46.72 | 47.10 | 46.72 | 46.97 | 16,961 | |
11/15/2024 | 48.39 | 48.39 | 46.88 | 47.00 | 11,706 | |
11/14/2024 | 50.12 | 50.12 | 48.78 | 48.78 | 8,100 | |
11/13/2024 | 50.67 | 50.67 | 50.47 | 50.47 | 1,700 | |
11/12/2024 | 51.87 | 51.94 | 50.68 | 50.68 | 5,141 | |
11/11/2024 | 53.03 | 53.03 | 52.12 | 52.12 | 26,662 | |
11/08/2024 | 52.29 | 52.88 | 52.29 | 52.83 | 3,200 | |
11/07/2024 | 51.99 | 52.10 | 51.66 | 51.97 | 3,394 | |
11/06/2024 | 53.17 | 53.17 | 50.95 | 51.32 | 13,600 | |
11/05/2024 | 50.11 | 51.16 | 50.11 | 51.16 | 1,800 | |
11/04/2024 | 51.09 | 51.28 | 50.39 | 50.39 | 6,200 | |
11/01/2024 | 51.24 | 51.47 | 51.14 | 51.14 | 3,400 | |
10/31/2024 | 51.04 | 51.04 | 50.75 | 50.75 | 1,800 | |
10/30/2024 | 50.08 | 51.42 | 50.08 | 51.42 | 5,200 | |
10/29/2024 | 51.99 | 51.99 | 51.66 | 51.66 | 3,600 | |
10/28/2024 | 52.16 | 52.26 | 51.84 | 51.91 | 3,400 | |
10/25/2024 | 52.71 | 52.72 | 51.74 | 51.74 | 6,200 | |
10/24/2024 | 53.23 | 53.44 | 52.52 | 52.53 | 4,800 | |
10/23/2024 | 53.30 | 53.30 | 52.74 | 53.10 | 4,600 | |
10/22/2024 | 53.39 | 53.71 | 53.11 | 53.71 | 6,200 | |
10/21/2024 | 54.75 | 54.93 | 53.75 | 53.75 | 8,400 | |
10/18/2024 | 54.65 | 55.25 | 54.49 | 55.10 | 3,000 | |
10/17/2024 | 54.72 | 54.89 | 54.59 | 54.59 | 2,000 | |
10/16/2024 | 54.56 | 55.35 | 54.56 | 55.26 | 5,400 | |
10/15/2024 | 55.31 | 56.09 | 54.87 | 54.94 | 4,600 | |
10/14/2024 | 56.20 | 56.42 | 56.12 | 56.41 | 4,200 | |
10/11/2024 | 55.44 | 55.73 | 55.44 | 55.71 | 2,200 | |
10/10/2024 | 55.31 | 55.31 | 54.77 | 54.99 | 4,200 | |
10/09/2024 | 54.25 | 55.40 | 54.25 | 55.40 | 3,400 | |
10/08/2024 | 54.31 | 54.31 | 54.21 | 54.31 | 2,400 | |
10/07/2024 | 54.18 | 54.45 | 53.61 | 53.61 | 4,800 | |
10/04/2024 | 54.15 | 54.42 | 53.70 | 54.18 | 5,800 | |
10/03/2024 | 54.80 | 54.80 | 54.03 | 54.08 | 6,000 | |
10/02/2024 | 54.80 | 55.22 | 54.57 | 55.16 | 5,000 | |
10/01/2024 | 56.07 | 56.07 | 55.15 | 55.35 | 6,200 | |
09/30/2024 | 55.12 | 55.93 | 55.01 | 55.93 | 3,200 | |
09/27/2024 | 55.47 | 55.93 | 55.30 | 55.30 | 5,200 | |
09/26/2024 | 54.78 | 55.35 | 54.78 | 55.35 | 5,400 | |
09/25/2024 | 56.12 | 56.37 | 54.96 | 54.96 | 5,000 | |
09/24/2024 | 55.79 | 56.20 | 55.78 | 55.99 | 2,800 | |
09/23/2024 | 56.79 | 56.79 | 56.13 | 56.13 | 10,800 | |
09/20/2024 | 56.50 | 56.67 | 56.50 | 56.54 | 1,200 | |
09/19/2024 | 57.36 | 57.36 | 56.87 | 56.98 | 4,000 | |
09/18/2024 | 56.44 | 57.29 | 56.37 | 56.71 | 11,000 | |
09/17/2024 | 57.51 | 57.67 | 56.55 | 56.80 | 18,200 | |
09/16/2024 | 58.10 | 58.19 | 57.73 | 58.02 | 15,200 | |
09/13/2024 | 57.01 | 57.55 | 57.01 | 57.27 | 3,000 | |
09/12/2024 | 56.30 | 57.16 | 55.87 | 57.13 | 8,400 | |
09/11/2024 | 56.01 | 56.66 | 55.64 | 56.66 | 4,600 | |
09/10/2024 | 56.31 | 57.01 | 56.31 | 57.01 | 3,400 | |
09/09/2024 | 55.57 | 56.71 | 55.57 | 56.47 | 14,600 | |
09/06/2024 | 56.05 | 56.05 | 55.55 | 55.70 | 5,000 | |
09/05/2024 | 56.92 | 56.92 | 55.74 | 56.01 | 9,000 | |
09/04/2024 | 57.68 | 58.19 | 57.20 | 57.78 | 12,400 | |
09/03/2024 | 58.37 | 58.60 | 57.83 | 57.83 | 7,200 | |
08/30/2024 | 57.45 | 58.16 | 57.43 | 58.16 | 1,200 | |
08/29/2024 | 58.60 | 58.60 | 57.24 | 57.39 | 11,600 |
About ProShares Ultra Etf history
ProShares Ultra 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 Ultra Health 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 Ultra stock prices may prove useful in developing a viable investing in ProShares Ultra
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Health is traded on NYSEARCA Exchange in the United States.
ProShares Ultra Etf Technical Analysis
ProShares Ultra 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.
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ProShares Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProShares Ultra'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 | (0.12) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (0.22) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Health. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of ProShares Ultra Health 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.