ProShares Etf Technical Analysis

ULE
 Etf
  

USD 10.85  0.11  1.00%   

As of the 5th of December, ProShares Ultra holds the Risk Adjusted Performance of 0.1241, coefficient of variation of 1197.41, and Semi Deviation of 1.3. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares Ultra, as well as the relationship between them. Put it differently, you can use this information to find out if the etf will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for ProShares Ultra Euro, which can be compared to its competitors. Please check ProShares Ultra Euro variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if ProShares Ultra Euro is priced some-what accurately, providing market reflects its current price of 10.85 per share.
  

ProShares Ultra Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ProShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProShares
ProShares Ultra's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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...

ProShares Ultra Euro Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ProShares Ultra Euro volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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ProShares Ultra Euro Trend Analysis

Use this graph to draw trend lines for ProShares Ultra Euro. You can use it to identify possible trend reversals for ProShares Ultra as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ProShares Ultra price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ProShares Ultra Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ProShares Ultra Euro applied against its price change over selected period. The best fit line has a slop of   0.020012  , which may imply that ProShares Ultra Euro will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 15.15, which is the sum of squared deviations for the predicted ProShares Ultra price change compared to its average price change.

About ProShares Ultra Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ProShares Ultra Euro on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ProShares Ultra Euro based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ProShares Ultra Euro price pattern first instead of the macroeconomic environment surrounding ProShares Ultra Euro. By analyzing ProShares Ultra's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ProShares Ultra's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ProShares Ultra specific price patterns or momentum indicators. Please read more on our technical analysis page.

ProShares Ultra December 5, 2022 Technical Indicators

Most technical analysis of ProShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ProShares from various momentum indicators to cycle indicators. When you analyze ProShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

ProShares Ultra Euro One Year Return

Based on the recorded statements, ProShares Ultra Euro has an One Year Return of -29.42%. This is 73.26% higher than that of the ProShares family and significantly lower than that of the Trading--Miscellaneous category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

ProShares Ultra December 5, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ProShares stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Also, please take a look at World Market Map. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running ProShares Ultra Euro price analysis, check to measure ProShares Ultra'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 Ultra is operating at the current time. Most of ProShares Ultra's value examination focuses on studying past and present price action to predict the probability of ProShares Ultra's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ProShares Ultra's price. Additionally, you may evaluate how the addition of ProShares Ultra to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares Ultra Euro 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 ProShares Ultra value 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.