ProShares Ultra Performance

ProShares Ultra Bloomberg Natural Gas -- USA Etf  

USD 25.87  0.47  1.78%

The etf holds Beta of 3.7739 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ProShares Ultra will likely underperform.. Although it is essential to pay attention to ProShares Ultra Bloo current trending patterns, it is also good to be reasonable about what you can actually do with equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any etf is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if ProShares Ultra Bloo expected return of 17.5524 will be sustainable into the future, we have found twenty-seven different technical indicators which can help you to check if the expected returns are sustainable.
 Time Horizon     30 Days    Login   to change

ProShares Ultra Bloo Relative Risk vs. Return Landscape

If you would invest  532.00  in ProShares Ultra Bloomberg Natural Gas on February 20, 2018 and sell it today you would earn a total of  2,055  from holding ProShares Ultra Bloomberg Natural Gas or generate 386.28% return on investment over 30 days. ProShares Ultra Bloomberg Natural Gas is currenly generating 17.5524% of daily expected returns and assumes 85.0391% risk (volatility on return distribution) over the 30 days horizon. In different words, most equities are less risky than ProShares Ultra Bloomberg Natural Gas and most traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, ProShares Ultra Bloomberg Natural Gas is expected to generate 90.41 times more return on investment than the market. However, the company is 90.41 times more volatile than its market benchmark. It trades about 0.21 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

ProShares Ultra Realized Returns

ProShares Ultra Daily Price Distribution

The median price of ProShares Ultra for the period between Tue, Feb 20, 2018 and Thu, Mar 22, 2018 is 5.54 with a coefficient of variation of 83.46. The daily time series for the period is distributed with a sample standard deviation of 6.21, arithmetic mean of 7.44, and mean deviation of 3.49. The Etf did not receive any noticable media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in ProShares Ultra Bloomberg Natural Gas are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

ProShares Ultra Sharpe Ratio = 0.2064
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Estimated Market Risk

  actual daily
 4 %
of total potential

Expected Return

  actual daily
 96 %
of total potential

Risk-Adjusted Return

  actual daily
 13 %
of total potential
Based on monthly moving average ProShares Ultra is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares Ultra by adding it to a well-diversified portfolio.