ProShares UltraPro Performance

ProShares UltraPro 3x Short Crude Oil -- USA Etf  

USD 9.68  1.09  12.69%

The etf holds Beta of 1.3051 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ProShares UltraPro will likely underperform.. Although it is extremely important to respect ProShares UltraPro 3x current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing ProShares UltraPro 3x technical indicators you can presently evaluate if the expected return of 0.2421% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

ProShares UltraPro 3x Relative Risk vs. Return Landscape

If you would invest  835.00  in ProShares UltraPro 3x Short Crude Oil on January 25, 2018 and sell it today you would earn a total of  24.00  from holding ProShares UltraPro 3x Short Crude Oil or generate 2.87% return on investment over 30 days. ProShares UltraPro 3x Short Crude Oil is currenly generating 0.2421% of daily expected returns and assumes 4.7421% risk (volatility on return distribution) over the 30 days horizon. In different words, 43% of equities are less volatile than ProShares UltraPro 3x Short Crude Oil and 96% 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 generate 2.65 times more return on investment than the market. However, the company is 2.65 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

ProShares UltraPro Daily Price Distribution

The median price of ProShares UltraPro for the period between Thu, Jan 25, 2018 and Sat, Feb 24, 2018 is 8.98 with a coefficient of variation of 10.54. The daily time series for the period is distributed with a sample standard deviation of 0.97, arithmetic mean of 9.21, and mean deviation of 0.83. The Etf received some media coverage during the period.
3 

Risk-Adjusted Performance

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

One Month Efficiency

ProShares UltraPro Sharpe Ratio = 0.0511
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsOILD
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

Estimated Market Risk

 4.74
  actual daily
 
 57 %
of total potential
  

Expected Return

 0.24
  actual daily
 
 4 %
of total potential
  

Risk-Adjusted Return

 0.05
  actual daily
 
 3 %
of total potential
  
Based on monthly moving average ProShares UltraPro is performing at about 3% 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.

Dividends

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
Check Dividends