ProShares K Backtesting

OILK -- USA Etf  

USD 24.89  1.04  4.01%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of ProShares K 1 Free Crude Oil Strategy and determine expected loss or profit from investing in ProShares K over given investment horizon. Additionally take a look at ProShares K Hype Analysis, ProShares K Correlation, Portfolio Optimization, ProShares K Volatility as well as analyze ProShares K Alpha and Beta and ProShares K Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

ProShares K 'What if' Analysis

June 18, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 18, 2018
0.00
If you would invest  0.00  in ProShares K on June 18, 2018 and sell it all today you would earn a total of 0.00 from holding ProShares K 1 Free Crude Oil Strategy or generate 0.0% return on investment in ProShares K over 30 days. ProShares K is related to or competes with United States, United States, PowerShares DB, VelocityShares 3x, PowerShares DB, ProShares UltraShort, and VelocityShares 3x. ProShares K 1 Free Crude Oil Strategy is USA based ETF administrated by J.P

ProShares K Upside/Downside Indicators

  

ProShares K Market Premium Indicators

ProShares K 1 Backtested Returns

We consider ProShares K not too volatile. ProShares K 1 maintains Sharpe Ratio (i.e. Efficiency) of 0.0944 which implies ProShares K 1 had 0.0944% of return per unit of risk over the last 1 month. Our philosophy towards forecasting volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ProShares K 1 which you can use to evaluate future volatility of the etf. Please check ProShares K 1 to confirm if risk estimate we provide are consistent with the epected return of 0.173%. The etf holds Beta of 0.0 which implies the returns on MARKET and ProShares K are completely uncorrelated. Although it is extremely important to respect ProShares K 1 current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing ProShares K 1 technical indicators you can presently evaluate if the expected return of 0.173% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

ProShares K 1 Free Crude Oil Strategy has no correlation between past and present. Overlapping area represents the amount of predictability between ProShares K time series from June 18, 2018 to July 3, 2018 and July 18, 2018 to July 18, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ProShares K 1 price movement. The serial correlation of 0.0 indicates that just 0.0% of current ProShares K price fluctuation can be explain by its past prices.
Average Price 24.89
Lagged Average Price 23.86

ProShares K 1 lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ProShares K regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ProShares K Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - OILK

ProShares K 1 Investor Sentiment
Macroaxis portfolio users are evenly split in their perspective on investing in ProShares K 1 Free Crude Oil Strategy. What is your perspective on investing in ProShares K 1 Free Crude Oil Strategy? Are you bullish or bearish?
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Additionally take a look at ProShares K Hype Analysis, ProShares K Correlation, Portfolio Optimization, ProShares K Volatility as well as analyze ProShares K Alpha and Beta and ProShares K Performance. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.