Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Utilities is 'Strong Sell'. 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 SDP 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 SDP 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.
For the selected time horizon ProShares UltraShort Utilities has a mean deviation of 1.61, semi deviation of 0.0, standard deviation of 2.17, variance of 4.71, downside variance of 0.0 and semi variance of 0.0Macroaxis 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 Total Asset and Net Asset to make buy, hold, or sell decision on ProShares UltraShort.
Odds of Distress
ProShares UltraShort Returns Distribution Density
|Mean Return||0.22||Value At Risk||3.46|
|Potential Upside||3.65||Standard Deviation||2.17|
ProShares UltraShort Greeks
|Alpha over DOW||=||0.25|
|Beta against DOW||=||0.54|
ProShares UltraShort Volatility Alert
ProShares UltraShort Utilities exhibits very low volatility with skewness of 0.31 and kurtosis of 0.21. However, we advise investors to further study ProShares UltraShort Utilities 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
|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|
|This fund generated-25.0 ten year return of -25.0%|
|ProShares UltraShort 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.