ProShares UltraShort Buy Hold or Sell Recommendation

GLL -- USA Etf  

USD 83.29  0.42  0.51%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Gold is 'Cautious Hold'. Macroaxis provides ProShares UltraShort buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GLL positions. The advice algorithm takes into account all of ProShares UltraShort Gold available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from GLL buy-and-hold prospective. Please also check ProShares UltraShort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell ProShares UltraShortBuy ProShares UltraShort
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon ProShares UltraShort Gold has a mean deviation of 0.855, semi deviation of 0.0, standard deviation of 1.12, variance of 1.26, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides advice on ProShares UltraShort Gold to complement and cross-verify current analyst consensus on ProShares UltraShort Gold. Our recommendation engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please employ ProShares UltraShort Number of Employees and Five Year Return to make buy, hold, or sell decision on ProShares UltraShort Gold.

ProShares UltraShort Returns Distribution Density

Mean Return0.09Value At Risk1.49
Potential Upside1.51Standard Deviation1.12
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Virtu Financial LlcFund Units60 K3.6 M
Susquehanna International Group LlpCall Options21.2 K1.6 M
Susquehanna International Group LlpPut Options6.6 K497 K

ProShares UltraShort Greeks

α
Alpha over DOW
=0.0008
β
Beta against DOW=1.04
σ
Overall volatility
=1.14
Ir
Information ratio =0.17

ProShares UltraShort Volatility Alert

ProShares UltraShort Gold exhibits very low volatility with skewness of -0.78 and kurtosis of 1.76. However, we advise investors to further study ProShares UltraShort Gold technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition

ProShares UltraShort Fundamental Vs Peers

FundamentalsProShares UltraShortPeer Average
One Year Return23.24 % (1.25) %
Three Year Return(7.31) % 2.26 %
Five Year Return0.37 % 0.20 %
Net Asset28.51 M888.73 M

ProShares UltraShort Alerts

Trading Alerts and Improvement Suggestions

ProShares UltraShort generates negative expected return over the last 30 days
The fund generated three year return of -7.0%
ProShares UltraShort Gold retains all of the assets under management (AUM) in different types of exotic instruments
Please also check ProShares UltraShort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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