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 12.55  0.08  0.63%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding ProShares UltraPro 3x Short Crude Oil is 'Hold'.
For the selected time horizon ProShares UltraPro 3x Short Crude Oil has a risk adjusted performance of (0.044008), jensen alpha of (0.89), total risk alpha of (2.63), sortino ratio of 0.0 and treynor ratio of (0.27)
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 Return0.45Value At Risk5.4
Potential Upside4.96Standard Deviation4.07
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Jane Street Group LlcPut Options45.4 K800 K
Jane Street Group LlcFund Units24.2 K426 K
Jane Street Group LlcCall Options12.6 K222 K

ProShares UltraPro Greeks

α
Alpha over DOW
=0.89
βBeta against DOW=1.7
σ
Overall volatility
=4.06
 IrInformation ratio =0.18

ProShares UltraPro Volatility Alert

ProShares UltraPro 3x Short Crude Oil exhibits very low volatility with skewness of 0.43 and kurtosis of -0.28. 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 Asset18.25 M888.73 M
SellBuy
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.044008)
Market Risk Adjusted Performance(0.26)
Mean Deviation3.27
Coefficient Of Variation(898.52)
Standard Deviation4.07
Variance16.54
Information Ratio(0.18)
Jensen Alpha(0.89)
Total Risk Alpha(2.63)
Treynor Ratio(0.27)
Maximum Drawdown13.11
Value At Risk(5.4)
Potential Upside4.96
Skewness0.4305
Kurtosis(0.28)