ProShares Ultra Backtesting

UCO -- USA ETF  

USD 30.03  0.10  0.33%

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

ProShares Ultra 'What if' Analysis

June 20, 2018
0.00
No Change 0.00  0.0%
In 30 days
July 20, 2018
0.00
If you would invest  0.00  in ProShares Ultra on June 20, 2018 and sell it all today you would earn a total of 0.00 from holding ProShares Ultra Bloomberg Crude Oil or generate 0.0% return on investment in ProShares Ultra over 30 days. ProShares Ultra is related to or competes with SPDR SP, iShares Core, Vanguard Total, iShares MSCI, Vanguard FTSE, Vanguard FTSE, and iShares Core. The investment seeks to provide daily investment results that correspond to twice the daily performance of the Bloomberg...

ProShares Ultra Upside/Downside Indicators

Downside Deviation5.24
Information Ratio0.0856
Maximum Drawdown19.35
Value At Risk7.25
Potential Upside6.03
  

ProShares Ultra Market Premium Indicators

Risk Adjusted Performance0.0834
Jensen Alpha0.3799
Total Risk Alpha0.50
Sortino Ratio0.0656
Treynor Ratio0.6487

ProShares Ultra Bloo Backtested Returns

Macroaxis considers ProShares Ultra not very risky given 1 month investment horizon. ProShares Ultra Bloo maintains Sharpe Ratio (i.e. Efficiency) of 0.108 which implies ProShares Ultra Bloo had 0.108% 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 Ultra Bloo which you can use to evaluate future volatility of the etf. Please employ ProShares Ultra Bloo Coefficient Of Variation of 801.16, Semi Deviation of 4.22 and Risk Adjusted Performance of 0.0834 to confirm if our risk estimates are consistent with your expectations. The etf holds Beta of 0.7586 which implies as returns on market increase, ProShares Ultra returns are expected to increase less than the market. However during bear market, the loss on holding ProShares Ultra will be expected to be smaller as well.. Although it is vital to follow to ProShares Ultra Bloo current trending patterns, it is good to be conservative about what you can actually do with the information regarding 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 Ultra Bloo technical indicators you can presently evaluate if the expected return of 0.434% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.81) 

Excellent reverse predictability

ProShares Ultra Bloomberg Crude Oil has excellent reverse predictability. Overlapping area represents the amount of predictability between ProShares Ultra time series from June 20, 2018 to July 5, 2018 and July 5, 2018 to July 20, 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 Ultra Bloo price movement. The serial correlation of -0.81 indicates that around 81.0% of current ProShares Ultra price fluctuation can be explain by its past prices. Given that ProShares Ultra Bloomberg Crude Oil has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ProShares Ultra for similar time interval.
Correlation Coefficient -0.81
Spearman Rank Test -0.76
Price Variance 3.13
Lagged Price Variance 5.09

ProShares Ultra Bloo lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ProShares Ultra regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ProShares Ultra Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - UCO

ProShares Ultra Bloo Investor Sentiment
Greater number of Macroaxis users are at this time bullish on ProShares Ultra Bloomberg Crude Oil. What is your perspective on investing in ProShares Ultra Bloomberg Crude Oil? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Also Currentnly Active

Purchased over 20 shares of
few hours ago
Traded for 104.4
Purchased over 20 shares of
few hours ago
Traded for 140.13
Purchased over 40 shares of
few hours ago
Traded for 68.99
Also please take a look at ProShares Ultra Hype Analysis, ProShares Ultra Correlation, Portfolio Optimization, ProShares Ultra Volatility as well as analyze ProShares Ultra Alpha and Beta and ProShares Ultra Performance. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">