Proshares Ultrashort Basic Etf Price History

SMN Etf  USD 16.80  0.03  0.18%   
Below is the normalized historical share price chart for ProShares UltraShort Basic 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 UltraShort stands at 16.80, as last reported on the 20th of December, with the highest price reaching 16.80 and the lowest price hitting 16.80 during the day.
3 y Volatility
44.93
200 Day MA
14.3335
1 y Volatility
28.03
50 Day MA
13.6872
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 UltraShort appears to be not too volatile, given 3 months investment horizon. ProShares UltraShort maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ProShares UltraShort, which you can use to evaluate the volatility of the etf. Please evaluate ProShares UltraShort's Semi Deviation of 1.54, coefficient of variation of 548.68, and Risk Adjusted Performance of 0.1502 to confirm if our risk estimates are consistent with your expectations.
  
ProShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2258

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Estimated Market Risk

 1.72
  actual daily
15
85% of assets are more volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
17
83% of assets perform better
Based on monthly moving average ProShares UltraShort is performing at about 17% 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 UltraShort by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
USD -
Market Capitalisation
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ProShares UltraShort Etf Price History Chart

There are several ways to analyze ProShares UltraShort Basic Etf price data. The simplest method is using a basic ProShares candlestick price chart, which shows ProShares UltraShort 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 PriceDecember 19, 202416.83
Lowest PriceOctober 18, 202412.56

ProShares UltraShort December 20, 2024 Etf Price Synopsis

Various analyses of ProShares UltraShort'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 UltraShort 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 UltraShort Price Action Indicator(0.01)
ProShares UltraShort Price Rate Of Daily Change 1.00 

ProShares UltraShort December 20, 2024 Etf Price Analysis

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

ProShares Etf Price History Data

The price series of ProShares UltraShort for the period between Sat, Sep 21, 2024 and Fri, Dec 20, 2024 has a statistical range of 4.27 with a coefficient of variation of 6.3. The price distribution for the period has arithmetic mean of 13.65. The median price for the last 90 days is 13.48. The company had dividends distributed to its stock-holders on 24th of December 2019.
OpenHighLowCloseVolume
12/20/2024
 16.83  16.80  16.80  16.80 
12/19/2024 16.54  16.83  16.54  16.83  3,804 
12/18/2024 15.55  16.46  15.55  16.46  1,281 
12/17/2024 15.56  15.57  15.52  15.57  1,297 
12/16/2024 15.17  15.44  15.17  15.44  1,813 
12/13/2024 15.16  15.22  15.16  15.18  2,027 
12/12/2024 14.83  14.88  14.83  14.88  675.00 
12/11/2024 14.62  14.66  14.62  14.66  1,740 
12/10/2024 14.71  14.76  14.41  14.60  5,600 
12/09/2024 14.13  14.27  14.13  14.27  3,061 
12/06/2024 14.05  14.29  14.05  14.28  2,731 
12/05/2024 14.00  14.19  14.00  14.18  1,046 
12/04/2024 13.84  13.84  13.73  13.81  2,083 
12/03/2024 13.53  13.53  13.53  13.53  100.00 
12/02/2024 13.60  13.61  13.43  13.45  2,998 
11/29/2024 13.41  13.41  13.40  13.41  1,000.00 
11/27/2024 13.53  13.54  13.53  13.54  403.00 
11/26/2024 13.49  13.54  13.48  13.48  2,111 
11/25/2024 13.31  13.31  13.31  13.31  265.00 
11/22/2024 13.60  13.60  13.56  13.56  1,770 
11/21/2024 13.89  13.90  13.72  13.73  5,735 
11/20/2024 14.20  14.36  14.04  14.04  14,040 
11/19/2024 14.50  14.50  14.31  14.31  732.00 
11/18/2024 14.27  14.27  14.23  14.23  543.00 
11/15/2024 14.30  14.45  14.30  14.45  4,400 
11/14/2024 14.08  14.21  14.08  14.21  1,871 
11/13/2024 14.06  14.06  13.95  14.00  4,231 
11/12/2024 13.94  14.09  13.94  14.06  3,929 
11/11/2024 13.45  13.85  13.33  13.57  1,169 
11/08/2024 13.44  13.49  13.33  13.47  2,258 
11/07/2024 13.14  13.28  13.13  13.18  18,082 
11/06/2024 13.00  13.32  12.96  13.24  10,181 
11/05/2024 13.73  13.73  13.58  13.64  3,308 
11/04/2024 13.60  13.82  13.52  13.74  3,765 
11/01/2024 13.82  13.82  13.74  13.82  2,722 
10/31/2024 13.60  13.74  13.60  13.74  1,165 
10/30/2024 13.38  13.38  13.20  13.36  1,775 
10/29/2024 13.40  13.53  13.38  13.53  927.00 
10/28/2024 13.46  13.46  13.32  13.32  2,323 
10/25/2024 13.46  13.54  13.30  13.54  2,374 
10/24/2024 13.00  13.42  13.00  13.40  4,287 
10/23/2024 13.02  13.12  13.00  13.05  2,427 
10/22/2024 13.02  13.08  12.90  12.94  3,021 
10/21/2024 12.60  12.80  12.60  12.76  1,614 
10/18/2024 12.54  12.64  12.49  12.56  2,011 
10/17/2024 12.64  12.68  12.64  12.64  1,519 
10/16/2024 12.70  12.74  12.62  12.66  2,622 
10/15/2024 12.82  12.86  12.69  12.82  10,326 
10/14/2024 12.98  12.98  12.78  12.78  3,374 
10/11/2024 13.02  13.02  12.88  12.94  1,800 
10/10/2024 13.22  13.22  12.98  12.98  5,471 
10/09/2024 13.22  13.31  13.12  13.16  2,330 
10/08/2024 13.50  13.50  13.33  13.33  8,305 
10/07/2024 13.20  13.28  13.20  13.28  1,983 
10/04/2024 13.05  13.24  13.02  13.14  2,551 
10/03/2024 13.28  13.36  13.18  13.27  2,553 
10/02/2024 12.86  13.03  12.86  13.00  637.00 
10/01/2024 12.90  12.96  12.78  12.85  4,520 
09/30/2024 12.80  12.94  12.76  12.76  1,759 
09/27/2024 12.49  12.62  12.44  12.62  1,852 
09/26/2024 12.78  12.78  12.54  12.58  5,696 

About ProShares UltraShort Etf history

ProShares UltraShort 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 UltraShort 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 UltraShort stock prices may prove useful in developing a viable investing in ProShares UltraShort
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Basic is traded on NYSEARCA Exchange in the United States.

ProShares UltraShort Etf Technical Analysis

ProShares UltraShort 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 UltraShort technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProShares UltraShort 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 UltraShort Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProShares UltraShort'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 UltraShort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares UltraShort's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Ultrashort Basic Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultrashort Basic Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Basic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.