ProShares UltraShort Buy or Sell Recommendation

Macroaxis provides ProShares UltraShort SP500 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 SP500 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 SP500 -- USA Etf  

USD 37.83  0.33  0.86%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding ProShares UltraShort SP500 is 'Strong Hold'.
For the selected time horizon ProShares UltraShort SP500 has a risk adjusted performance of (0.18), jensen alpha of (0.47), total risk alpha of (0.86), sortino ratio of 0.0 and treynor ratio of (1.1)
ProShares UltraShort advice module can be used to check and cross-verify current recommendation provided by analysts analyzing the entity potential to grow using all of fundamental, technical, 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 Return0.38Value At Risk1.44
Potential Upside0.74Standard Deviation0.8
 Return Density 
      Distribution 

ProShares UltraShort Greeks

α
Alpha over DOW
=0.47
β
Beta against DOW=0.35
σ
Overall volatility
=0.72
Ir
Information ratio =0.76

ProShares UltraShort Volatility Alert

ProShares UltraShort SP500 exhibits very low volatility with skewness of -0.07 and kurtosis of -1.3. However, we advise investors to further study ProShares UltraShort SP500 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 Return(32.02) % (1.25) %
Three Year Return(22.48) % 2.26 %
Five Year Return(28.27) % 0.2 %
Ten Year Return(24.78) % 0.29 %
Net Asset988.22 M888.73 M
Bond Positions Weight8.56 % 8.08 %
SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance(0.18)
Market Risk Adjusted Performance(1.09)
Mean Deviation0.6717
Coefficient Of Variation(212.37)
Standard Deviation0.8042
Variance0.6467
Information Ratio(0.76)
Jensen Alpha(0.47)
Total Risk Alpha(0.86)
Treynor Ratio(1.1)
Maximum Drawdown2.54
Value At Risk(1.44)
Potential Upside0.7376
Skewness(0.068006)
Kurtosis(1.3)