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.
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
 
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 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.

Sharpe Ratio = -0.1738

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Negative ReturnsRXL

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 PriceAugust 30, 202458.16
Lowest PriceNovember 19, 202446.5

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

When benchmark price declines in a down market, there may be an uptick in ProShares Ultra Health 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 Ultra intraday prices and daily technical indicators to check the level of noise trading in ProShares Ultra Health Etf and then apply it to test your longer-term investment strategies against ProShares.

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.
OpenHighLowCloseVolume
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.
A focus of ProShares Ultra technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProShares Ultra 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 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.
When determining whether ProShares Ultra Health is a strong investment it is important to analyze ProShares Ultra'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 Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
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.