ProShares UltraShort Buy or Sell Recommendation

Macroaxis provides ProShares UltraShort Gold buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ProShares UltraShort 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 ProShares UltraShort buy-and-hold prospective. Please also check ProShares UltraShort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
ProShares UltraShort Gold -- USA Etf  

USD 70.53  0.88  1.23%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Gold is 'Strong Sell'.
For the selected time horizon ProShares UltraShort Gold has a mean deviation of 1.11, semi deviation of 1.08, standard deviation of 1.3, variance of 1.69, downside variance of 1.5 and semi variance of 1.16
Macroaxis provides unbiased recommendation on ProShares UltraShort Gold that should be used to complement current analysts and expert consensus on ProShares UltraShort Gold. Our buy or sell recommendations 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.

Returns Distribution Density

Mean Return0.08Value At Risk-1.6075
Potential Upside2.0043Standard Deviation1.3007
 Return Density 
      Distribution 

ProShares UltraShort Greeks

α
Alpha over DOW
= 0.16 
βBeta against DOW=(0.7) 
σ
Overall volatility
= 1.27 
 IrInformation ratio =(0.0388) 

ProShares UltraShort Volatility Alert

ProShares UltraShort Gold has relatively low volatility with skewness of 0.08 and kurtosis of -1.18. However, we advise all investors to independently investigate ProShares UltraShort Gold 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 UltraShort to competition
FundamentalsProShares UltraShortPeer Average
One Year Return1.94 % (1.25) %
Three Year Return(10.03) % 2.26 %
Five Year Return4.84 % 0.2 %
Net Asset38.99 M888.73 M
SellBuy
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0229
Market Risk Adjusted Performance(0.095095)
Mean Deviation1.11
Semi Deviation1.08
Downside Deviation1.23
Coefficient Of Variation1558.21
Standard Deviation1.3
Variance1.69
Information Ratio(0.038799)
Jensen Alpha0.1601
Total Risk Alpha(0.63)
Sortino Ratio(0.041185)
Treynor Ratio(0.11)
Maximum Drawdown3.94
Value At Risk(1.61)
Potential Upside2.0
Downside Variance1.5
Semi Variance1.16
Expected Short fall(1.3)
Skewness0.0838
Kurtosis(1.18)