ProShares UltraShort Buy or Sell Recommendation

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

Time Horizon

Risk Tolerance

Symbol
Execute Advice
ProShares UltraShort Bloomberg Crude Oil -- USA Etf  

USD 22.72  0.36  1.56%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Bloomberg Crude Oil is 'Sell'.
For the selected time horizon ProShares UltraShort Bloomberg Crude Oil has a mean deviation of 2.52, semi deviation of 2.66, standard deviation of 3.03, variance of 9.18, downside variance of 9.05 and semi variance of 7.06
Macroaxis recommendation module can be used to complement current analysts and expert consensus on ProShares UltraShort. Our advice engine exercises analyzes the etf potential to grow using all fundamental data market data available at the time. Please employ ProShares UltraShort Number of Employees and Net Asset to make buy, hold, or sell decision on ProShares UltraShort.

Returns Distribution Density

Mean Return0.32Value At Risk3.84
Potential Upside4.51Standard Deviation3.03
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Susquehanna International Group LlpCall Options2.1 M52.5 M
Susquehanna International Group LlpPut Options428.2 K10.5 M
Jane Street Group LlcFund Units52.1 K1.3 M

ProShares UltraShort Greeks

α
Alpha over DOW
=0.087082
β
Beta against DOW=0.88
σ
Overall volatility
=2.97
Ir
Information ratio =0.18

ProShares UltraShort Volatility Alert

ProShares UltraShort Bloomberg Crude Oil shows above average downside volatility of 3.01 for selected time horizon. We advise investors to further inspect ProShares UltraShort Bloomberg Crude Oil to make sure all market timing and asset allocation strategies are consistent with estimation about ProShares UltraShort future alpha.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition
FundamentalsProShares UltraShortPeer Average
One Year Return(36.90) % (1.25) %
Three Year Return(22.72) % 2.26 %
Five Year Return3.17 % 0.20 %
Net Asset251.44 M888.73 M
SellBuy
Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1827
Market Risk Adjusted Performance0.34
Mean Deviation2.52
Semi Deviation2.66
Downside Deviation3.01
Coefficient Of Variation958.9
Standard Deviation3.03
Variance9.18
Information Ratio0.1828
Jensen Alpha0.0871
Total Risk Alpha0.7457
Sortino Ratio0.1842
Treynor Ratio0.35
Maximum Drawdown10.8
Value At Risk3.84
Potential Upside4.51
Downside Variance9.05
Semi Variance7.06
Expected Short fall2.81
Skewness0.071485
Kurtosis0.96

Momentum

ProShares UltraShort Market Momentum