ProShares UltraPro Performance

OILD -- USA Etf  

USD 20.18  0.16  0.80%

The etf holds Beta of -0.1084 which implies as returns on market increase, returns on owning ProShares UltraPro are expected to decrease at a much smaller rate. During bear market, ProShares UltraPro is likely to outperform the market.. Even though it is essential to pay attention to ProShares UltraPro 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 exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

ProShares UltraPro Relative Risk vs. Return Landscape

If you would invest  2,324  in ProShares UltraPro 3x Shrt Crude Oil ETF on August 21, 2018 and sell it today you would lose (306.00)  from holding ProShares UltraPro 3x Shrt Crude Oil ETF or give up 13.17% of portfolio value over 30 days. ProShares UltraPro 3x Shrt Crude Oil ETF is currently does not generate positive expected returns and assumes 3.8981% risk (volatility on return distribution) over the 30 days horizon. In different words, 35% of equities are less volatile than ProShares UltraPro 3x Shrt Crude Oil ETF 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 Shrt Crude Oil ETF is expected to under-perform the market. In addition to that, the company is 9.88 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.26 per unit of volatility.

ProShares UltraPro Market Risk Analysis

Sharpe Ratio = -0.1533
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ProShares UltraPro Relative Performance Indicators

Estimated Market Risk
 3.9
  actual daily
 
 65 %
of total potential
  
Expected Return
 -0.6
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.15
  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 Performance Rating

ProShares UltraPro 3x Shrt Crude Oil ETF Risk Adjusted Performance Analysis

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Risk-Adjusted Performance

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

ProShares UltraPro Alerts

Equity Alerts and Improvement Suggestions

ProShares UltraPro generates negative expected return over the last 30 days
ProShares UltraPro has high historical volatility and very poor performance
ProShares UltraPro has high likelihood to experience some financial distress in the next 2 years
The fund maintains all of the assets in different exotic instruments

ProShares UltraPro Performance Indicators

ProShares UltraPro Basic Price Performance Measures

Fifty Two Week Low18.27
Fifty Two Week High80.72
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