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

Investment Horizon

  

Risk Tolerance

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

USD 26.75  0.48  1.76%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Bloomberg Crude Oil is 'Hold'.
For the selected time horizon ProShares UltraShort Bloomberg Crude Oil has a risk adjusted performance of 0.0015, jensen alpha of (0.12), total risk alpha of (1.17), sortino ratio of 0.0 and treynor ratio of (0.13)
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 Return0.04Value At Risk3.54
Potential Upside4.56Standard Deviation2.82
 Return Density 
      Distribution 

ProShares UltraShort Greeks

α
Alpha over DOW
=0.12
βBeta against DOW=0.38
σ
Overall volatility
=2.81
 IrInformation ratio =0.09

ProShares UltraShort Volatility Alert

ProShares UltraShort Bloomberg Crude Oil exhibits very low volatility with skewness of 0.3 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
FundamentalsProShares UltraShortPeer Average
One Year Return(26.45) % (1.25) %
Three Year Return1.54 % 2.26 %
Five Year Return5.01 % 0.2 %
Net Asset236.31 M888.73 M
SellBuy
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0015
Market Risk Adjusted Performance(0.12)
Mean Deviation2.23
Coefficient Of Variation(7,342)
Standard Deviation2.82
Variance7.94
Information Ratio(0.086998)
Jensen Alpha(0.12)
Total Risk Alpha(1.17)
Treynor Ratio(0.13)
Maximum Drawdown9.33
Value At Risk(3.54)
Potential Upside4.56
Skewness0.2959
Kurtosis(0.56)

Momentum

ProShares UltraShort Market Momentum