Proshares Etf Price on December 31, 2021 Breakdown


USD 31.09  1.11  3.70%   

As of today, the current price of Proshares Nanotechnology is  31.09 , as last reported on the 30th of November, with the highest price reaching  31.09  and the lowest price hitting  31.09  during the day.
We consider Proshares Nanotechnology very steady. Proshares Nanotechnology maintains Sharpe Ratio (i.e., Efficiency) of 0.0544, which implies the entity had 0.0544% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Proshares Nanotechnology, which you can use to evaluate the future volatility of the etf. Please check Proshares Nanotechnology risk adjusted performance of (0.01784), and Coefficient Of Variation of (6,218) to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Net Income Common Stock is likely to drop to about (23.9 M) in 2022. Proshares Nanotechnology Price to Book Value is fairly stable at the moment as compared to the past year. Proshares Nanotechnology reported Price to Book Value of 2.53 in 2021. Price to Sales Ratio is likely to rise to 88.27 in 2022, whereas Price to Earnings Ratio are likely to drop (3.29)  in 2022.

Proshares Nanotechnology Main Headline on 31st of December 2021

Proshares Nanotechnology dividend paid on 31st of December 2021

Proshares Nanotechnology Valuation on December 31, 2021

It is possible to determine the worth of Proshares Nanotechnology on a given historical date. On December 31, 2021 Proshares was worth 43.36 at the beginning of the trading date compared to the closed value of 43.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Proshares Nanotechnology etf. Still, in general, we apply an absolute valuation method to find Proshares Nanotechnology'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Proshares Nanotechnology's related companies.
 Open High Low Close Volume
  43.34    43.58    43.14    43.14    2,700  
  43.36    43.36    43.07    43.07    300.00  
  43.53    43.59    43.47    43.47    2,800  
Backtest Proshares Nanotechnology  |  Proshares Nanotechnology History  |  Proshares Nanotechnology Valuation   PreviousNext  
Open Value 43.36
Closing Value

Proshares Nanotechnology Trading Date Momentum on December 31, 2021

On January 03 2022 Proshares Nanotechnology ETF was traded for  43.47  at the closing time. The top price for the day was 43.59  and the lowest listed price was  43.47 . The trading volume for the day was 2.8 K. The trading history from January 3, 2022 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.93% . The trading delta at closing time against the current closing price is 6.25% .

Proshares Nanotechnology Fundamentals Correlations and Trends

By evaluating Proshares Nanotechnology'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 Nanotechnology'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 Nanotechnology Etf history

Proshares Nanotechnology 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 Nanotechnology 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 Nanotechnology historical stock prices may prove useful in developing a viable investing in Proshares Nanotechnology
Last ReportedProjected for 2022
Weighted Average Shares27.8 M26.9 M
Weighted Average Shares Diluted27.8 M26.9 M
Issuance Purchase of Equity Shares-1.4 M-1.4 M

Proshares Nanotechnology Etf Technical Analysis

Proshares Nanotechnology 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 Nanotechnology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Proshares Nanotechnology 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...

Price Boundaries

Proshares Nanotechnology Period Price Range

December 31, 2021





Proshares Nanotechnology November 30, 2022 Market Strength

Market strength indicators help investors to evaluate how Proshares Nanotechnology 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 Nanotechnology shares will generate the highest return on investment. By undertsting and applying Proshares Nanotechnology etf market strength indicators, traders can identify Proshares Nanotechnology ETF entry and exit signals to maximize returns

Proshares Nanotechnology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Proshares stock's 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 stock 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.
Additionally, take a look at World Market Map. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running Proshares Nanotechnology price analysis, check to measure Proshares Nanotechnology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Proshares Nanotechnology is operating at the current time. Most of Proshares Nanotechnology's value examination focuses on studying past and present price action to predict the probability of Proshares Nanotechnology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Proshares Nanotechnology's price. Additionally, you may evaluate how the addition of Proshares Nanotechnology to your portfolios can decrease your overall portfolio volatility.
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The market value of Proshares Nanotechnology 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 Nanotechnology's value that differs from its market value or its book value, called intrinsic value, which is Proshares Nanotechnology'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 Nanotechnology's market value can be influenced by many factors that don't directly affect Proshares Nanotechnology'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 Nanotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine Proshares Nanotechnology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proshares Nanotechnology'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.