ProShares Buy Hold or Sell Recommendation

OILK -- USA Etf  

USD 25.84  0.52  1.97%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding ProShares K 1 Free Crude Oil Strategy is 'Strong Buy'. Macroaxis provides ProShares buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OILK positions. The advice algorithm takes into account all of ProShares K 1 available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from OILK buy-and-hold prospective. Additionally take a look at ProShares Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell ProSharesBuy ProShares
Strong Buy

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon ProShares K 1 Free Crude Oil Strategy has a risk adjusted performance of 0.0831, jensen alpha of 0.2809, total risk alpha of 0.12, sortino ratio of 0.1103 and treynor ratio of 3.04
Macroaxis recommendation module can be used to complement current analysts and expert consensus on ProShares. Our advice engine exercises analyzes the etf potential to grow using all fundamental data market data available at the time. Please check ProShares K 1 Total Asset to decide if your ProShares K 1 buy or sell deciscion is justified.

ProShares Returns Distribution Density

Mean Return0.30Value At Risk2.01
Potential Upside2.65Standard Deviation1.57
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Commonwealth Equity Services LlcFund Units166.7 K4.5 M

ProShares Greeks

α
Alpha over DOW
=0.28
β
Beta against DOW=0.1
σ
Overall volatility
=1.57
Ir
Information ratio =0.12

ProShares Volatility Alert

ProShares K 1 Free Crude Oil Strategy has relatively low volatility with skewness of -0.72 and kurtosis of 1.62. However, we advise all investors to independently investigate ProShares K 1 Free Crude Oil Strategy to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares to competition

ProShares Fundamental Vs Peers

FundamentalsProSharesPeer Average
One Year Return39.20 % (1.25) %
Net Asset10.52 M888.73 M

ProShares Alerts

Trading Alerts and Improvement Suggestions

Latest headline from www.bloomberg.com: How to Spark Excitement in Lifeless ESG ETFs
The fund maintains all of the assets in different exotic instruments
Additionally take a look at ProShares Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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