ProShares UltraShort Buy Hold or Sell Recommendation

GLL -- USA Etf  

USD 73.15  0.0003  0.0004%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Gold is 'Buy'. 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.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

ProShares UltraShort Current Recommendation

SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon ProShares UltraShort Gold has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.1993 and treynor ratio of 0.0
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 Return0.15Value At Risk0.81
Potential Upside0.99Standard Deviation0.98
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Jane Street Group LlcFund Units93.9 K5.6 M
Jane Street Group LlcCall Options168.7 K2.5 M
Citadel Advisors LlcPut Options22.1 K1.5 M

ProShares UltraShort Greeks

α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.97
Ir
Information ratio =0.15

ProShares UltraShort Volatility Alert

ProShares UltraShort Gold exhibits relatively low volatility with skewness of 1.73 and kurtosis of 7.0. However, we advice investors to further investigate ProShares UltraShort Gold to make sure all market statistics is disseminated and is consistent with investors' estimations about ProShares UltraShort upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition

ProShares UltraShort Fundamental Vs Peers

FundamentalsProShares UltraShortPeer Average
One Year Return(4.67) % (1.25) %
Three Year Return(10.20) % 2.26 %
Five Year Return(4.09) % 0.20 %
Net Asset27.49 M888.73 M

ProShares UltraShort Market Momentum

ProShares UltraShort Alerts

Trading Alerts and Improvement Suggestions
ProShares UltraShort Gold generated five year return of -4.0%
This fund retains all of the assets under management (AUM) in different types of exotic instruments

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Please also check ProShares UltraShort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.