ProShares UltraPro Performance

OILD -- USA Etf  

USD 28.75  2.72  10.45%

The etf holds Beta of 0.0 which implies the returns on MARKET and ProShares UltraPro are completely uncorrelated. Although it is vital to follow to ProShares UltraPro 3x 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 UltraPro 3x expected return of 1.4334 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.
 Time Horizon     30 Days    Login   to change

ProShares UltraPro 3x Relative Risk vs. Return Landscape

If you would invest  2,181  in ProShares UltraPro 3x Shrt Crude Oil ETF on May 18, 2018 and sell it today you would earn a total of  694.06  from holding ProShares UltraPro 3x Shrt Crude Oil ETF or generate 31.82% return on investment over 30 days. ProShares UltraPro 3x Shrt Crude Oil ETF is currenly generating 1.4334% of daily expected returns and assumes 4.8557% risk (volatility on return distribution) over the 30 days horizon. In different words, 44% of equities are less volatile than ProShares UltraPro 3x Shrt Crude Oil ETF and 73% 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 generate 3.39 times more return on investment than the market. However, the company is 3.39 times more volatile than its market benchmark. It trades about 0.3 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of risk.

ProShares UltraPro Market Risk Analysis

Sharpe Ratio = 0.2952
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ProShares UltraPro Relative Performance Indicators

Estimated Market Risk
  actual daily
 56 %
of total potential
Expected Return
  actual daily
 27 %
of total potential
Risk-Adjusted Return
  actual daily
 19 %
of total potential
Based on monthly moving average ProShares UltraPro 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 UltraPro by adding it to a well-diversified portfolio.

Performance Rating

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

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in ProShares UltraPro 3x Shrt Crude Oil ETF are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.

ProShares UltraPro Alerts

Equity Alerts and Improvement Suggestions
ProShares UltraPro appears to be very risky and stock price may revert if volatility continues
ProShares UltraPro has high likelihood to experience some financial distress in the next 2 years
Latest headline from What Sectors And Stocks Have ETFs Been Buying
The fund maintains all of the assets in different exotic instruments


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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Additionally take a look at Your Equity Center. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.