ProShares Trust (Mexico) Buy or Sell Recommendation

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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
ProShares Trust ProShares Short QQQ -- Mexico ETF  

MXN 708  2.1  0.3%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding ProShares Trust ProShares Short QQQ is 'Buy'.
For the selected time horizon ProShares Trust ProShares Short QQQ has a risk adjusted performance of 0.0837, jensen alpha of 0.089, total risk alpha of (0.2), sortino ratio of 0.0 and treynor ratio of 0.2308
Macroaxis provides advice on ProShares Trust ProShares Short QQQ to complement and cross-verify current analyst consensus on ProShares Trust ProS. Our recommendation engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please employ ProShares Trust Total Asset and Five Year Return to make buy, hold, or sell decision on ProShares Trust ProS.

Returns Distribution Density

Mean Return0.24Value At Risk-0.2957
Potential Upside1.3578Standard Deviation0.7982
 Return Density 
      Distribution 

ProShares Trust Greeks

α
Alpha over DOW
= 0.088958 
βBeta against DOW= 0.98 
σ
Overall volatility
= 0.82 
 IrInformation ratio = 0.11 

ProShares Trust Volatility Alert

ProShares Trust ProShares Short QQQ exhibits very low volatility with skewness of 2.61 and kurtosis of 8.36. However, we advise investors to further study ProShares Trust ProShares Short QQQ technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares Trust to competition
FundamentalsProShares TrustPeer Average
One Year Return(21.93) % (1.25) %
Three Year Return(15.31) % 2.26 %
Five Year Return(17.51) % 0.2 %
Ten Year Return(15.6) % 0.29 %
Net Asset392.55 M888.73 M
SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0837
Market Risk Adjusted Performance0.2408
Mean Deviation0.4977
Coefficient Of Variation337.6
Standard Deviation0.7982
Variance0.637
Information Ratio0.1081
Jensen Alpha0.089
Total Risk Alpha(0.2)
Treynor Ratio0.2308
Maximum Drawdown4.0
Value At Risk(0.3)
Potential Upside1.36
Skewness2.61
Kurtosis8.36