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

Execute Advice
ProShares UltraShort Utilities -- USA Etf  

USD 27.75  0.21  0.77%

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 0.049718, jensen alpha of 0.073791, total risk alpha of 0.0193, sortino ratio of 0.0 and treynor ratio of 0.20
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 Return0.1Value At Risk4.05
Potential Upside3.06Standard Deviation2.15
 Return Density 

ProShares UltraShort Greeks

Alpha over DOW
Beta against DOW=0.59
Overall volatility
Information ratio =0.02

ProShares UltraShort Volatility Alert

ProShares UltraShort Utilities exhibits very low volatility with skewness of -0.66 and kurtosis of 0.54. 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
FundamentalsProShares UltraShortPeer Average
One Year Return2.73 % (1.25) %
Three Year Return(16.90) % 2.26 %
Five Year Return(21.89) % 0.20 %
Ten Year Return(21.52) % 0.29 %
Net Asset6.41 M888.73 M

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.049718
Market Risk Adjusted Performance0.19
Mean Deviation1.61
Coefficient Of Variation2,053
Standard Deviation2.15
Information Ratio0.020919
Jensen Alpha0.073791
Total Risk Alpha0.0193
Treynor Ratio0.20
Maximum Drawdown7.78
Value At Risk4.05
Potential Upside3.06