ProShares Ultra Technology Etf Statistic Functions Beta
| ROM Etf | USD 82.74 -0.89 -1.06% |
| Symbol |
This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on ProShares Ultra correlated with the market. If Beta is less than 0 ProShares Ultra generally moves in the opposite direction as compared to the market. If ProShares Ultra Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares Ultra is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares Ultra is generally in the same direction as the market. If Beta > 1 ProShares Ultra moves generally in the same direction as, but more than the movement of the benchmark.
ProShares Ultra Technical Analysis Modules
ProShares Ultra technical analysis translates raw market data into actionable signals by measuring momentum, volatility, and price structure. The broader market regime is relevant when interpreting ProShares technical signals, as sector-wide moves can dominate individual patterns.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Methodology, Assumptions & Data Sources
ProShares Ultra's Statistic Functions history is laid out in the chart below. Checking other line items alongside this one sharpens the picture.
Inputs for ProShares Ultra Technology come from fund disclosures and market reference feeds and are mapped into a consistent reporting framework. Some fields can appear with publication lag.