Proshares Ultrapro Midcap400 Etf Buy Hold or Sell Recommendation
| UMDD Etf | USD 24.22 0.94 3.74% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ProShares UltraPro MidCap400 is 'Cautious Hold'. Macroaxis provides ProShares UltraPro buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding UMDD positions. The advice algorithm takes into account all of ProShares UltraPro's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ProShares UltraPro's buy or sell advice are summarized below:
Real Value 24.49 | Hype Value 24.22 | Market Value 24.22 | Naive Value 21.95 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares UltraPro MidCap400 given historical horizon and risk tolerance towards ProShares UltraPro. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares UltraPro MidCap400, the advice is generated through an automated system that utilizes algorithms and statistical models.
ProShares |
Execute ProShares UltraPro Buy or Sell Advice
The ProShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ProShares UltraPro MidCap400. Macroaxis does not own or have any residual interests in ProShares UltraPro MidCap400 or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares UltraPro's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
ProShares UltraPro Trading Alerts and Improvement Suggestions
| ProShares UltraPro generated a negative expected return over the last 90 days | |
| The fund created three year return of -7.0% | |
| ProShares UltraPro keeps 293.66% of its net assets in stocks |
ProShares UltraPro current analysts advice
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ProShares analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ProShares analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.
ProShares UltraPro Returns Distribution Density
The distribution of ProShares UltraPro's historical returns is an attempt to chart the uncertainty of ProShares UltraPro's future price movements. The chart of the probability distribution of ProShares UltraPro daily returns describes the distribution of returns around its average expected value. We use ProShares UltraPro MidCap400 price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares UltraPro returns is essential to provide solid investment advice for ProShares UltraPro.
| Mean Return | -0.0043 | Value At Risk | -4.31 | Potential Upside | 4.06 | Standard Deviation | 2.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ProShares UltraPro historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ProShares UltraPro Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ProShares UltraPro or ProShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ProShares UltraPro's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ProShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 3.85 | |
σ | Overall volatility | 2.60 | |
Ir | Information ratio | -0.0092 |
ProShares UltraPro Volatility Alert
ProShares UltraPro MidCap400 exhibits very low volatility with skewness of -0.25 and kurtosis of -0.59. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares UltraPro's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ProShares UltraPro's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ProShares UltraPro Fundamentals Vs Peers
Comparing ProShares UltraPro's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ProShares UltraPro's direct or indirect competition across all of the common fundamentals between ProShares UltraPro and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares UltraPro or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares UltraPro's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares UltraPro by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares UltraPro to competition |
| Fundamentals | ProShares UltraPro | Peer Average |
| Price To Earning | 20.72 X | 3.15 X |
| Price To Book | 2.30 X | 0.39 X |
| Price To Sales | 1.32 X | 0.33 X |
| Beta | 3.17 | |
| One Year Return | 62.40 % | (0.97) % |
| Three Year Return | (6.80) % | 3.23 % |
| Five Year Return | 8.40 % | 1.12 % |
| Ten Year Return | 10.20 % | 1.20 % |
| Net Asset | 19.97 M | 2.29 B |
| Last Dividend Paid | 0.062 | 0.14 |
| Equity Positions Weight | 293.66 % | 52.82 % |
ProShares UltraPro Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ProShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 325.2 | |||
| Daily Balance Of Power | (1.49) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 24.46 | |||
| Day Typical Price | 24.38 | |||
| Price Action Indicator | (0.71) | |||
| Period Momentum Indicator | (0.94) |
About ProShares UltraPro Buy or Sell Advice
When is the right time to buy or sell ProShares UltraPro MidCap400? Buying financial instruments such as ProShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ProShares UltraPro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Obamacare Repeal Thematic Idea Now
Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Obamacare Repeal Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ProShares Etf
When determining whether ProShares UltraPro is a strong investment it is important to analyze ProShares UltraPro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares UltraPro's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:Check out ProShares UltraPro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ProShares UltraPro is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.