ProShares Ultra Technical Analysis Overview

BOIL -- USA Etf  

USD 30.23  1.04  3.33%

ProShares Ultra Bloomberg Natural Gas holds Coefficient Of Variation of 391.52, Semi Deviation of 1.79 and Risk Adjusted Performance of 0.01. ProShares Ultra Bloo technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the etf future prices. In other words you can use this information to find out if the etf will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for ProShares Ultra Bloo which can be compared to its competitors. Please check ProShares Ultra Bloo Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if ProShares Ultra Bloo is priced some-what accurately providing market reflects its current price of 30.23 per share.
 Time Horizon     30 Days    Login   to change

ProShares Ultra Bloo Technical Analysis

Time Period
  Portfolio Optimization    
Execute Indicator
The output start index for this execution was five with a total number of output elements of twelve. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ProShares Ultra Bloo volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

ProShares Ultra Bloo Trend Analysis

Use this graph to draw trend lines for ProShares Ultra Bloomberg Natural Gas. You can use it to identify possible trend reversals for ProShares Ultra as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ProShares Ultra price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ProShares Ultra Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ProShares Ultra Bloomberg Natural Gas applied against its price change over selected period. The best fit line has a slop of 0.09 % which means ProShares Ultra Bloomberg Natural Gas will continue generating value for investors. It has 34 observation points and a regression sum of squares at 5.98, which is the sum of squared deviations for the predicted ProShares Ultra price change compared to its average price change.

Current Sentiment - BOIL

ProShares Ultra Bloo Investor Sentiment
Most of Macroaxis users are currently bullish on ProShares Ultra Bloomberg Natural Gas. What is your perspective on investing in ProShares Ultra Bloomberg Natural Gas? Are you bullish or bearish?
98% Bullish
2% Bearish

ProShares Ultra Bloo One Year Return

Based on recorded statements ProShares Ultra Bloomberg Natural Gas has One Year Return of -55.13%. This is 974.66% higher than that of the ProShares family, and significantly lower than that of Energy category, The One Year Return for all etfs is 4310.4% higher than the company.
  Year Return 
      ProShares Ultra Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

ProShares Ultra Market Strength

ProShares Ultra June 18, 2018 Daily Price Condition
Check also Trending Equities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.