ProShares UltraShort Buy Hold or Sell Recommendation

SCO -- USA Etf  

USD 14.58  0.28  1.88%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Bloomberg Crude Oil is 'Hold'. Macroaxis provides ProShares UltraShort buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SCO positions. The advice algorithm takes into account all of ProShares UltraShort available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from SCO buy-and-hold prospective. Also please take a look at ProShares UltraShort 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 ProShares UltraShortBuy ProShares UltraShort
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon ProShares UltraShort Bloomberg Crude Oil has a risk adjusted performance of 0.047296, jensen alpha of 0.47, total risk alpha of 1.37, sortino ratio of 0.0 and treynor ratio of 0.50
This buy or sell recommendations tool can be used to cross verify current analyst consensus on ProShares UltraShort and to analyze the entity potential to grow in the current economic cycle. Please employ ProShares UltraShort Number of Employees and Net Asset to make buy, hold, or sell decision on ProShares UltraShort.

ProShares UltraShort Returns Distribution Density

Mean Return0.34Value At Risk5.13
Potential Upside3.20Standard Deviation2.78
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Susquehanna International Group LlpCall Options2 M29.2 M
Susquehanna International Group LlpPut Options332.1 K5 M
Fny Investment Advisers LlcFund Units100 K1.5 M

ProShares UltraShort Greeks

α
Alpha over DOW
=0.47
β
Beta against DOW=0.70
σ
Overall volatility
=2.36
Ir
Information ratio =0.19

ProShares UltraShort Volatility Alert

ProShares UltraShort Bloomberg Crude Oil exhibits very low volatility with skewness of -0.6 and kurtosis of -0.56. However, we advise investors to further study ProShares UltraShort Bloomberg Crude Oil technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition

ProShares UltraShort Fundamental Vs Peers

FundamentalsProShares UltraShortPeer Average
One Year Return(61.54) % (1.25) %
Three Year Return(26.98) % 2.26 %
Five Year Return1.84 % 0.20 %
Net Asset155.11 M888.73 M

ProShares UltraShort Alerts

Trading Alerts and Improvement Suggestions

ProShares UltraShort generates negative expected return over the last 30 days
ProShares UltraShort has high likelihood to experience some financial distress in the next 2 years
The fund generated three year return of -27.0%
ProShares UltraShort Bloomberg Crude Oil maintains all of the assets in different exotic instruments
Also please take a look at ProShares UltraShort 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
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