ProShares UltraPro Buy Hold or Sell Recommendation

OILD -- USA Etf  

USD 21.34  0.39  1.79%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding ProShares UltraPro 3x Shrt Crude Oil ETF is 'Strong Sell'. Macroaxis provides ProShares UltraPro buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OILD positions. The advice algorithm takes into account all of ProShares UltraPro 3x available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from OILD buy-and-hold prospective. Additionally take a look at ProShares UltraPro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell ProShares UltraProBuy ProShares UltraPro
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon ProShares UltraPro 3x Shrt Crude Oil ETF has a mean deviation of 4.25, semi deviation of 0.0, standard deviation of 6.09, variance of 37.04, downside variance of 0.0 and semi variance of 0.0
Macroaxis recommendation module can be used to complement current analysts and expert consensus on ProShares UltraPro. Our advice engine exercises analyzes the etf potential to grow using all fundamental data market data available at the time. Please check ProShares UltraPro 3x Total Asset to decide if your ProShares UltraPro 3x buy or sell deciscion is justified.

Returns Distribution Density

Mean Return0.74Value At Risk9.33
Potential Upside10.45Standard Deviation6.09
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Jane Street Group LlcFund Units67.8 K2.1 M
Jane Street Group LlcPut Options11.8 K362 K
Cutler Group LpCall Options4.3 K4 K

ProShares UltraPro Greeks

α
Alpha over DOW
=0.58
β
Beta against DOW=1.53
σ
Overall volatility
=5.76
Ir
Information ratio =0.14

ProShares UltraPro Volatility Alert

ProShares UltraPro 3x Shrt Crude Oil ETF is displaying above average volatility of 6.09 over selected time horizon. Investors should scrutinize ProShares UltraPro 3x Shrt Crude Oil ETF independently to make sure intended market timing strategies are aligned with expectations about ProShares UltraPro volatility.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraPro to competition

ProShares UltraPro Fundamental Vs Peers

FundamentalsProShares UltraProPeer Average
One Year Return(72.68) % (1.25) %
Net Asset18.67 M888.73 M

ProShares UltraPro Alerts

Trading Alerts and Improvement Suggestions
ProShares UltraPro generates negative expected return over the last 30 days
ProShares UltraPro has high historical volatility and very poor performance
ProShares UltraPro has high likelihood to experience some financial distress in the next 2 years
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The fund maintains all of the assets in different exotic instruments
Additionally take a look at ProShares UltraPro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.