|BOIL -- USA Etf|| |
USD 25.40 0.02 0.08%
The etf holds Beta of 0.3362 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.. Even though it is essential to pay attention to ProShares Ultra Bloo
current trending patterns, it is always good to be careful when utilizing equity existing price patterns
. Macroaxis philosophy towards forecasting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. ProShares Ultra Bloo exposes twenty-eight different technical indicators which can help you to evaluate its performance.