|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 Return||0.08||Value At Risk||-1.6075|
|Potential Upside||2.0043||Standard Deviation||1.3007|
ProShares UltraShort Greeks
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.