ProShares UltraShort Buy Hold or Sell Recommendation

SDP -- USA Etf  

USD 26.04  0.04  0.15%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort Utilities is 'Strong Hold'. 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 Current Recommendation

SellBuy
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon ProShares UltraShort Utilities has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.0 and treynor ratio 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.

Returns Distribution Density

Mean Return0.23Value At Risk2.34
Potential Upside2.71Standard Deviation1.63
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Susquehanna International Group LlpFund Units19.7 K525 K

ProShares UltraShort Greeks

α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.66
Ir
Information ratio =0.14

ProShares UltraShort Volatility Alert

ProShares UltraShort Utilities exhibits very low volatility with skewness of 1.0 and kurtosis of 1.32. 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 Return1.30 % (1.25) %
Three Year Return(19.67) % 2.26 %
Five Year Return(22.67) % 0.20 %
Ten Year Return(20.83) % 0.29 %
Net Asset5.49 M888.73 M

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-21.0 ten year return of -21.0%
ProShares UltraShort maintains all of the assets in different exotic instruments

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Also please take a look at ProShares UltraShort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.