ProShares UltraShort Buy or Sell Recommendation

Macroaxis provides ProShares UltraShort Utilities 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 Utilities 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 Utilities -- USA Etf  

USD 27.77  0.12  0.43%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Utilities is 'Hold'.
For the selected time horizon ProShares UltraShort Utilities has a risk adjusted performance of 0.2253, jensen alpha of 0.786, total risk alpha of (0.038298), sortino ratio of 0.6641 and treynor ratio of 16.53
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.

Returns Distribution Density

Mean Return0.81Value At Risk1.15
Potential Upside3.23Standard Deviation1.44
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Susquehanna International Group LlpFund Units21.2 K546 K

ProShares UltraShort Greeks

α
Alpha over DOW
=0.79
β
Beta against DOW=0.0482
σ
Overall volatility
=1.42
Ir
Information ratio =0.4

ProShares UltraShort Volatility Alert

ProShares UltraShort Utilities has low volatility with Treynor Ratio of 16.53, Maximum Drawdown of 4.85 and kurtosis of -0.81. However, we advice all investors to further analyze ProShares UltraShort Utilities to make certain all market information is desiminated and is consistent with the current expectations about ProShares UltraShort upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares UltraShort to competition
FundamentalsProShares UltraShortPeer Average
One Year Return(22.03) % (1.25) %
Three Year Return(19.01) % 2.26 %
Five Year Return(26.67) % 0.2 %
Ten Year Return(21.04) % 0.29 %
Net Asset7.29 M888.73 M
SellBuy
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.2253
Market Risk Adjusted Performance16.54
Mean Deviation1.18
Downside Deviation0.8601
Coefficient Of Variation178.15
Standard Deviation1.44
Variance2.07
Information Ratio0.3974
Jensen Alpha0.786
Total Risk Alpha(0.038298)
Sortino Ratio0.6641
Treynor Ratio16.53
Maximum Drawdown4.85
Value At Risk(1.15)
Potential Upside3.23
Downside Variance0.7398
Semi Variance(0.37)
Expected Short fall(1.63)
Skewness0.4391
Kurtosis(0.81)