ProShares UltraShort Performance

ProShares UltraShort Bloomberg Natrl Gas -- USA Etf  

USD 44.52  0.77  1.7%

The etf holds Beta of 0.5904 which implies as returns on market increase, ProShares UltraShort returns are expected to increase less than the market. However during bear market, the loss on holding ProShares UltraShort will be expected to be smaller as well.. Although it is vital to follow to ProShares UltraShort current trending patterns, it is good to be conservative about what you can actually do with the information regarding 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 fundamental and technical indicators. To evaluate if ProShares UltraShort expected return of 1.3077 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
Investment Horizon     30 Days    Login   to change

ProShares UltraShort Relative Risk vs. Return Landscape

If you would invest  3,457  in ProShares UltraShort Bloomberg Natrl Gas on November 12, 2017 and sell it today you would earn a total of  995  from holding ProShares UltraShort Bloomberg Natrl Gas or generate 28.78% return on investment over 30 days. ProShares UltraShort Bloomberg Natrl Gas is currenly generating 1.3077% of daily expected returns and assumes 4.5183% risk (volatility on return distribution) over the 30 days horizon. In different words, 42% of equities are less volatile than ProShares UltraShort Bloomberg Natrl Gas and 76% of 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 UltraShort Bloomberg Natrl Gas is expected to generate 8.96 times more return on investment than the market. However, the company is 8.96 times more volatile than its market benchmark. It trades about 0.29 of its potential returns per unit of risk. The DOW is currently generating roughly 0.38 per unit of risk.

ProShares UltraShort Realized Returns

ProShares UltraShort Daily Price Distribution

The median price of ProShares UltraShort for the period between Sun, Nov 12, 2017 and Tue, Dec 12, 2017 is 37.64 with a coefficient of variation of 9.62. The daily time series for the period is distributed with a sample standard deviation of 3.69, arithmetic mean of 38.33, and mean deviation of 2.97. 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 UltraShort Bloomberg Natrl Gas are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

ProShares UltraShort Sharpe Ratio = 0.2894
Good Returns
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Small ReturnsKOLD
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Estimated Market Risk

  actual daily
 58 %
of total potential

Expected Return

  actual daily
 25 %
of total potential

Risk-Adjusted Return

  actual daily
 19 %
of total potential
Based on monthly moving average ProShares UltraShort is performing at about 19% 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 UltraShort by adding it to a well-diversified portfolio.