ProShares UltraShort Buy Hold or Sell Recommendation

SDP -- USA Etf  

USD 20.33  0.29  1.45%

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.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell ProShares UltraShortBuy ProShares UltraShort
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
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 0.0
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 Total Asset and Net Asset to make buy, hold, or sell decision on ProShares UltraShort.

ProShares UltraShort Returns Distribution Density

Mean Return0.22Value At Risk3.46
Potential Upside3.65Standard Deviation2.17
 Return Density 
      Distribution 

ProShares UltraShort Greeks

α
Alpha over DOW
=0.25
β
Beta against DOW=0.54
σ
Overall volatility
=2.15
Ir
Information ratio =0.08

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

FundamentalsProShares UltraShortPeer Average
One Year Return(5.40)% (1.25)%
Three Year Return(24.58)% 2.26%
Five Year Return(24.33)% 0.20%
Ten Year Return(25.00)% 0.29%
Net Asset3.95M888.73M

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
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.
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