|OILD -- USA Etf|| |
USD 18.45 1.03 5.29%
The etf holds Beta of -1.888 which implies as returns on market increase, returns on owning ProShares UltraPro are expected to decrease by larger amounts. On the other hand, during market turmoil, ProShares UltraPro is expected to significantly outperform it.. 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-eight different technical indicators which can help you to evaluate its performance.