ProShares UltraShort Backtesting

SDD -- USA Etf  

USD 12.21  0.10  0.86%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of ProShares UltraShort SmallCap600 and determine expected loss or profit from investing in ProShares UltraShort over given investment horizon. Also please take a look at ProShares UltraShort Hype Analysis, ProShares UltraShort Correlation, Portfolio Optimization, ProShares UltraShort Volatility as well as analyze ProShares UltraShort Alpha and Beta and ProShares UltraShort Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

ProShares UltraShort 'What if' Analysis

June 17, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 17, 2018
0.00
If you would invest  0.00  in ProShares UltraShort on June 17, 2018 and sell it all today you would earn a total of 0.00 from holding ProShares UltraShort SmallCap600 or generate 0.0% return on investment in ProShares UltraShort over 30 days. ProShares UltraShort is related to or competes with SPDR SP, iShares Core, iShares Core, iShares Russell, iShares Russell, iShares Core, and VANGUARD VALUE. ProShares UltraShort SmallCap600 is USA based ETF administrated by J.P

ProShares UltraShort Upside/Downside Indicators

Information Ratio0.12
Maximum Drawdown7.64
Value At Risk1.47
Potential Upside1.35
  

ProShares UltraShort Market Premium Indicators

Risk Adjusted Performance0.010138
Jensen Alpha0.030922
Total Risk Alpha0.34
Treynor Ratio0.3445

ProShares UltraShort Backtested Returns

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-six technical indicators for ProShares UltraShort which you can use to evaluate future volatility of the etf. Please check ProShares UltraShort Coefficient Of Variation of 3,786 and Risk Adjusted Performance of 0.010138 to confirm if risk estimate we provide are consistent with the epected return of 0.0%. The etf holds Beta of -0.1396 which implies as returns on market increase, returns on owning ProShares UltraShort are expected to decrease at a much smaller rate. During bear market, ProShares UltraShort is likely to outperform the market.. Although it is extremely important to respect ProShares UltraShort 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 UltraShort technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

ProShares UltraShort SmallCap600 has no correlation between past and present. Overlapping area represents the amount of predictability between ProShares UltraShort time series from June 17, 2018 to July 2, 2018 and July 2, 2018 to July 17, 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 UltraShort price movement. The serial correlation of 0.0 indicates that just 0.0% of current ProShares UltraShort price fluctuation can be explain by its past prices.
Average Price 12.21
Lagged Average Price 12.21

ProShares UltraShort lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ProShares UltraShort regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ProShares UltraShort Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - SDD

ProShares UltraShort Investor Sentiment
Greater number of Macroaxis users are at this time bullish on ProShares UltraShort SmallCap600. What is your perspective on investing in ProShares UltraShort SmallCap600? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Also please take a look at ProShares UltraShort Hype Analysis, ProShares UltraShort Correlation, Portfolio Optimization, ProShares UltraShort Volatility as well as analyze ProShares UltraShort Alpha and Beta and ProShares UltraShort Performance. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.