ProShares UltraShort Buy or Sell Recommendation

Macroaxis provides ProShares UltraShort Bloomberg Natrl Gas 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 Bloomberg Natrl Gas available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ProShares UltraShort buy-and-hold prospective. Please see also ProShares UltraShort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
ProShares UltraShort Bloomberg Natrl Gas -- USA Etf  

USD 37.8  0.42  1.1%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding ProShares UltraShort Bloomberg Natrl Gas is 'Cautious Hold'.
For the selected time horizon ProShares UltraShort Bloomberg Natrl Gas has a mean deviation of 4.4, semi deviation of 0.0, standard deviation of 5.3, variance of 28.04, downside variance of 0.0 and semi variance of 0.0
ProShares UltraShort advice module can be used to check and cross-verify current recommendation provided by analysts analyzing the entity potential to grow using all of fundamental, technical, data market data available at the time. Please employ ProShares UltraShort Number of Employees and Five Year Return to make buy, hold, or sell decision on ProShares UltraShort.

Returns Distribution Density

Mean Return0.89Value At Risk8.25
Potential Upside5.29Standard Deviation5.3
 Return Density 
      Distribution 

ProShares UltraShort Greeks

α
Alpha over DOW
=2.4
β
Beta against DOW=5.36
σ
Overall volatility
=5.21
Ir
Information ratio =0.22

ProShares UltraShort Volatility Alert

ProShares UltraShort Bloomberg Natrl Gas exhibits very low volatility with skewness of -0.53 and kurtosis of -0.44. However, we advise investors to further study ProShares UltraShort Bloomberg Natrl Gas 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 Return72.02 % (1.25) %
Three Year Return13.19 % 2.26 %
Five Year Return3.2 % 0.2 %
Net Asset6.9 M888.73 M
SellBuy
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.063452)
Market Risk Adjusted Performance(0.16)
Mean Deviation4.4
Coefficient Of Variation(593.45)
Standard Deviation5.3
Variance28.04
Information Ratio(0.22)
Jensen Alpha(2.4)
Total Risk Alpha(4.34)
Treynor Ratio(0.17)
Maximum Drawdown18.28
Value At Risk(8.25)
Potential Upside5.29
Skewness(0.53)
Kurtosis(0.44)