ProShares UltraPro Performance

ProShares UltraPro 3x Short Crude Oil -- USA Etf  

USD 12.09  0.37  2.97%

The etf holds Beta of 0.2156 which implies as returns on market increase, ProShares UltraPro returns are expected to increase less than the market. However during bear market, the loss on holding ProShares UltraPro will be expected to be smaller as well.. Even though it is essential to pay attention to ProShares UltraPro 3x 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 UltraPro 3x exposes twenty-one different technical indicators which can help you to evaluate its performance.
Investment Horizon     30 Days    Login   to change

ProShares UltraPro 3x Relative Risk vs. Return Landscape

If you would invest  1,311  in ProShares UltraPro 3x Short Crude Oil on November 11, 2017 and sell it today you would lose (102)  from holding ProShares UltraPro 3x Short Crude Oil or give up 7.78% of portfolio value over 30 days. ProShares UltraPro 3x Short Crude Oil is currenly does not generate positive expected returns and assumes 4.3564% risk (volatility on return distribution) over the 30 days horizon. In different words, 40% of equities are less volatile than ProShares UltraPro 3x Short Crude Oil and 99% 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 UltraPro 3x Short Crude Oil is expected to under-perform the market. In addition to that, the company is 8.42 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.36 per unit of volatility.

ProShares UltraPro Daily Price Distribution

The median price of ProShares UltraPro for the period between Sat, Nov 11, 2017 and Mon, Dec 11, 2017 is 12.84 with a coefficient of variation of 5.31. The daily time series for the period is distributed with a sample standard deviation of 0.68, arithmetic mean of 12.83, and mean deviation of 0.55. The Etf received some media coverage during the period.

Risk-Adjusted Performance

Over the last 30 days ProShares UltraPro 3x Short Crude Oil has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

ProShares UltraPro Sharpe Ratio = -0.0722
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Estimated Market Risk

  actual daily
 60 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average ProShares UltraPro is performing at about 0% 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 UltraPro by adding it to a well-diversified portfolio.


ProShares UltraPro 3x Dividends Analysis
Check ProShares UltraPro 3x dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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