|Horizon||30 Days Login to change|
ProShares Ultra Market Sensitivity
|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.One Month Beta |Analyze ProShares Ultra Bloo Demand TrendCheck current 30 days ProShares Ultra correlation with market (DOW)|
β = 0.2924
ProShares Ultra Bloo Technical Analysis
ProShares Ultra Projected Return Density Against MarketGiven the investment horizon of 30 days, ProShares Ultra has beta of 0.2924 . This suggests as returns on market go up, ProShares Ultra average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ProShares Ultra Bloomberg Natural Gas will be expected to be much smaller as well. Additionally, ProShares Ultra Bloomberg Natural Gas has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
ProShares Ultra Return VolatilityProShares Ultra Bloomberg Natural Gas inherits 3.0231% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.