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

Investment Horizon

  

Risk Tolerance

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

USD 34.56  0.67  1.9%

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 1.9, semi deviation of 2.38, standard deviation of 2.43, variance of 5.93, downside variance of 6.48 and semi variance of 5.67
Macroaxis advice module can be used to complement ProShares UltraShort recommendation provided by average analyst sentiment. It analyzes the entity potential to grow using 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 Return0.14Value At Risk-4.2571
Potential Upside2.4598Standard Deviation2.4346
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Cutler Group LpPut Options26.5 K38 K
Cutler Group LpCall Options14.3 K21 K
Cutler Group LpFund Units40013 K

ProShares UltraShort Greeks

α
Alpha over DOW
=0.048693
βBeta against DOW=0.44
σ
Overall volatility
=2.61
 IrInformation ratio =0.02

ProShares UltraShort Volatility Alert

ProShares UltraShort Bloomberg Natrl Gas currently demonstrates below average downside deviation of 2.54. It has Information Ratio of -0.02 and Jensen Alpha of 0.05. However, we do advice investors to further question ProShares UltraShort Bloomberg Natrl Gas expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition
FundamentalsProShares UltraShortPeer Average
One Year Return(6.92) % (1.25) %
Three Year Return29.49 % 2.26 %
Five Year Return2.65 % 0.2 %
Net Asset5.92 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 Performance0.0245
Market Risk Adjusted Performance0.3031
Mean Deviation1.9
Semi Deviation2.38
Downside Deviation2.54
Coefficient Of Variation1736.98
Standard Deviation2.43
Variance5.93
Information Ratio(0.021888)
Jensen Alpha0.0487
Total Risk Alpha(1.52)
Sortino Ratio(0.020942)
Treynor Ratio0.2931
Maximum Drawdown10.14
Value At Risk(4.26)
Potential Upside2.46
Downside Variance6.48
Semi Variance5.67
Expected Short fall(2.04)
Skewness0.0291
Kurtosis0.3617