ProShares Ultra Buy or Sell Recommendation

Macroaxis provides ProShares Ultra Silver buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ProShares Ultra positions. The advice algorithm takes into account all of ProShares Ultra Silver available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ProShares Ultra buy-and-hold prospective. Check also ProShares Ultra Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
ProShares Ultra Silver -- USA Etf  

USD 34.11  0.76  2.18%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares Ultra Silver is 'Hold'.
For the selected time horizon ProShares Ultra Silver has a risk adjusted performance of 0.1496, jensen alpha of 0.6653, total risk alpha of (0.25), sortino ratio of 0.2706 and treynor ratio of (0.67)
Macroaxis advice module can be used to complement ProShares Ultra recommendation provided by average analyst sentiment. It analyzes the entity potential to grow using fundamental, technical, data market data available at the time. Please employ ProShares Ultra Total Asset and Net Asset to make buy, hold, or sell decision on ProShares Ultra Silver.

Returns Distribution Density

Mean Return0.52Value At Risk1.45
Potential Upside2.98Standard Deviation1.42
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Simplex Trading LlcFund Units2.3 K77 K
Susquehanna International Group LlpPut Options117.8 K3.9 M
Susquehanna International Group LlpCall Options108.2 K3.6 M

ProShares Ultra Greeks

α
Alpha over DOW
=0.67
β
Beta against DOW=0.76
σ
Overall volatility
=1.49
Ir
Information ratio =0.21

ProShares Ultra Volatility Alert

ProShares Ultra Silver has relatively low volatility with skewness of 0.36 and kurtosis of -0.37. However, we advise all investors to independently investigate ProShares Ultra Silver to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares Ultra to competition
FundamentalsProShares UltraPeer Average
One Year Return5.49 % (1.25) %
Three Year Return(3.82) % 2.26 %
Five Year Return(28.12) % 0.2 %
Net Asset261.62 M888.73 M
SellBuy
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1496
Market Risk Adjusted Performance(0.66)
Mean Deviation1.13
Semi Deviation0.4031
Downside Deviation1.1
Coefficient Of Variation275.52
Standard Deviation1.42
Variance2.02
Information Ratio0.2091
Jensen Alpha0.6653
Total Risk Alpha(0.25)
Sortino Ratio0.2706
Treynor Ratio(0.67)
Maximum Drawdown4.43
Value At Risk(1.45)
Potential Upside2.98
Downside Variance1.21
Semi Variance0.1625
Expected Short fall(1.48)
Skewness0.3563
Kurtosis(0.37)