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

Time Horizon

Risk Tolerance

Execute Advice
ProShares UltraShort Gold -- USA Etf  

USD 66.28  1.54  2.38%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Gold is 'Cautious Hold'.
For the selected time horizon ProShares UltraShort Gold has a mean deviation of 1.08, semi deviation of 0.0, standard deviation of 1.44, variance of 2.07, downside variance of 0.0 and semi variance 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 Return0.13Value At Risk2.62
Potential Upside2.19Standard Deviation1.44
 Return Density 

ProShares UltraShort Greeks

Alpha over DOW
Beta against DOW=0.09
Overall volatility
Information ratio =0.002

ProShares UltraShort Volatility Alert

ProShares UltraShort Gold exhibits very low volatility with skewness of -0.09 and kurtosis of 0.5. 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
FundamentalsProShares UltraShortPeer Average
One Year Return(23.67) % (1.25) %
Three Year Return(11.65) % 2.26 %
Five Year Return2.00 % 0.20 %
Net Asset31.5 M888.73 M
Cautious Hold


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.16
Market Risk Adjusted Performance1.55
Mean Deviation1.08
Coefficient Of Variation1,103
Standard Deviation1.44
Information Ratio0.002045
Jensen Alpha0.15
Total Risk Alpha0.02457
Treynor Ratio1.54
Maximum Drawdown6.18
Value At Risk2.62
Potential Upside2.19