|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.