ProShares UltraPro Buy or Sell Recommendation

Macroaxis provides ProShares UltraPro 3x Short Crude Oil buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ProShares UltraPro positions. The advice algorithm takes into account all of ProShares UltraPro 3x Short Crude Oil available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ProShares UltraPro buy-and-hold prospective. Additionally take a look at ProShares UltraPro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
ProShares UltraPro 3x Short Crude Oil -- USA Etf  

USD 17.27  0.39  2.21%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding ProShares UltraPro 3x Short Crude Oil is 'Cautious Hold'.
For the selected time horizon ProShares UltraPro 3x Short Crude Oil has a mean deviation of 3.03, semi deviation of 0.0, standard deviation of 4.18, variance of 17.5, downside variance of 0.0 and semi variance of 0.0
This buy or sell recommendations tool can be used to cross verify current analyst consensus on ProShares UltraPro 3x and to analyze the entity potential to grow in the current economic cycle. Please check ProShares UltraPro 3x Total Asset to decide if your ProShares UltraPro 3x buy or sell deciscion is justified.

Returns Distribution Density

Mean Return-0.27Value At Risk-8.3164
Potential Upside5.9558Standard Deviation4.1828
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Cutler Group LpPut Options50.9 K435 K
Cutler Group LpCall Options36.8 K29 K
Flow Traders Us LlcFund Units30.4 K796 K

ProShares UltraPro Greeks

α
Alpha over DOW
=(1.33) 
βBeta against DOW= 7.45 
σ
Overall volatility
= 4.18 
 IrInformation ratio =(0.1) 

ProShares UltraPro Volatility Alert

ProShares UltraPro 3x Short Crude Oil exhibits very low volatility with skewness of -0.28 and kurtosis of 0.55. However, we advise investors to further study ProShares UltraPro 3x Short Crude Oil technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraPro to competition
FundamentalsProShares UltraProPeer Average
Net Asset15.77 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(0.007637)
Market Risk Adjusted Performance(0.028117)
Mean Deviation3.03
Coefficient Of Variation(1,527)
Standard Deviation4.18
Variance17.5
Information Ratio(0.1)
Jensen Alpha(1.33)
Total Risk Alpha(2.54)
Treynor Ratio(0.038117)
Maximum Drawdown16.68
Value At Risk(8.32)
Potential Upside5.96
Skewness(0.28)
Kurtosis0.549