Proshares Ultra Qqq Etf Price Prediction

QLD Etf  USD 95.47  1.25  1.33%   
The relative strength momentum indicator of ProShares Ultra's the etf price is about 69 indicating that the etf is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling ProShares, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
The successful prediction of ProShares Ultra's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ProShares Ultra and does not consider all of the tangible or intangible factors available from ProShares Ultra's fundamental data. We analyze noise-free headlines and recent hype associated with ProShares Ultra QQQ, which may create opportunities for some arbitrage if properly timed.
Using ProShares Ultra hype-based prediction, you can estimate the value of ProShares Ultra QQQ from the perspective of ProShares Ultra response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in ProShares Ultra to buy its etf at a price that has no basis in reality. In that case, they are not buying ProShares because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

ProShares Ultra after-hype prediction price

    
  USD 94.25  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out ProShares Ultra Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProShares Ultra's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
90.2192.02103.77
Details
Naive
Forecast
LowNextHigh
92.4694.2896.09
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
93.2593.9094.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares Ultra. Your research has to be compared to or analyzed against ProShares Ultra's peers to derive any actionable benefits. When done correctly, ProShares Ultra's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ProShares Ultra QQQ.

ProShares Ultra After-Hype Price Prediction Density Analysis

As far as predicting the price of ProShares Ultra at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ProShares Ultra or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of ProShares Ultra, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ProShares Ultra Estimiated After-Hype Price Volatility

In the context of predicting ProShares Ultra's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ProShares Ultra's historical news coverage. ProShares Ultra's after-hype downside and upside margins for the prediction period are 92.44 and 96.06, respectively. We have considered ProShares Ultra's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
95.47
94.25
After-hype Price
96.06
Upside
ProShares Ultra is very steady at this time. Analysis and calculation of next after-hype price of ProShares Ultra QQQ is based on 3 months time horizon.

ProShares Ultra Etf Price Prediction Analysis

Have you ever been surprised when a price of a ETF such as ProShares Ultra is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProShares Ultra backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ProShares Ultra, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
1.81
 0.00  
  0.01 
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
95.47
94.25
0.10 
0.00  
Notes

ProShares Ultra Hype Timeline

On the 11th of June 2024 ProShares Ultra QQQ is traded for 95.47. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. ProShares is expected to decline in value after the next headline, with the price expected to drop to 94.25. The average volatility of media hype impact on the company price is insignificant. The price depreciation on the next news is expected to be -0.1%, whereas the daily expected return is at this time at 0.16%. The volatility of related hype on ProShares Ultra is about 2445.95%, with the expected price after the next announcement by competition of 95.48. The company had 2-1 split on the 18th of August 2020. Considering the 90-day investment horizon the next expected press release will be within a week.
Check out ProShares Ultra Basic Forecasting Models to cross-verify your projections.

ProShares Ultra Related Hype Analysis

Having access to credible news sources related to ProShares Ultra's direct competition is more important than ever and may enhance your ability to predict ProShares Ultra's future price movements. Getting to know how ProShares Ultra's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ProShares Ultra may potentially react to the hype associated with one of its peers.

ProShares Ultra Additional Predictive Modules

Most predictive techniques to examine ProShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ProShares using various technical indicators. When you analyze ProShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ProShares Ultra Predictive Indicators

The successful prediction of ProShares Ultra stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ProShares Ultra QQQ, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ProShares Ultra based on analysis of ProShares Ultra hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ProShares Ultra's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ProShares Ultra's related companies.

Story Coverage note for ProShares Ultra

The number of cover stories for ProShares Ultra depends on current market conditions and ProShares Ultra's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ProShares Ultra is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ProShares Ultra's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Additional Information and Resources on Investing in ProShares Etf

When determining whether ProShares Ultra QQQ 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 ProShares Ultra Basic Forecasting Models to cross-verify your projections.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of ProShares Ultra QQQ 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.