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 75.87  0.21  0.28%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Gold is 'Buy'.
For the selected time horizon ProShares UltraShort Gold has a risk adjusted performance of 0.1109, jensen alpha of 0.1106, total risk alpha of (0.23), sortino ratio of 0.0475 and treynor ratio of 0.3615
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 Return0.25Value At Risk1.41
Potential Upside2.52Standard Deviation1.19
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Susquehanna International Group LlpPut Options121.4 K7.8 M
Jane Street Group LlcCall Options246.3 K3.6 M
Toth Financial Advisory CorpFund Units30.7 K2.2 M

ProShares UltraShort Greeks

α
Alpha over DOW
=0.11
βBeta against DOW=0.67
σ
Overall volatility
=1.22
 IrInformation ratio =0.0385

ProShares UltraShort Volatility Alert

ProShares UltraShort Gold has low volatility with Treynor Ratio of 0.36, Maximum Drawdown of 3.93 and kurtosis of 0.36. However, we advice all investors to further analyze ProShares UltraShort Gold to make certain all market information is desiminated and is consistent with the current expectations about ProShares UltraShort upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition
FundamentalsProShares UltraShortPeer Average
One Year Return(17.73) % (1.25) %
Three Year Return(11.5) % 2.26 %
Five Year Return3.77 % 0.2 %
Net Asset28.44 M888.73 M
SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1109
Market Risk Adjusted Performance0.3715
Mean Deviation0.9056
Semi Deviation0.7555
Downside Deviation0.9649
Coefficient Of Variation471.05
Standard Deviation1.19
Variance1.42
Information Ratio0.0385
Jensen Alpha0.1106
Total Risk Alpha(0.23)
Sortino Ratio0.0475
Treynor Ratio0.3615
Maximum Drawdown3.93
Value At Risk(1.41)
Potential Upside2.52
Downside Variance0.931
Semi Variance0.5708
Expected Short fall(1.25)
Skewness0.1743
Kurtosis0.3592