|Crude Oil Strategy Proshares -- USA Etf|| |
USD 22.08 0.25 1.15%
The organization shows Beta (market volatility) of -0.0048 which signifies that as returns on market increase, returns on owning Crude Oil are expected to decrease at a much smaller rate. During bear market, Crude Oil is likely to outperform the market.. Although it is extremely important to respect Crude Oil Strategy
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing 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 Crude Oil Strategy technical indicators
you can presently evaluate if the expected return of 0.0823% will be sustainable into the future.
Crude Oil Strategy Relative Risk vs. Return Landscape
If you would invest 2,174
in Crude Oil Strategy Proshares on November 12, 2017
and sell it today you would earn a total of 34
from holding Crude Oil Strategy Proshares or generate 1.56%
return on investment over 30
days. Crude Oil Strategy Proshares is currenly generating 0.0823% of daily expected returns and assumes 1.3252% risk (volatility on return distribution) over the 30 days horizon. In different words, 12% of equities are less volatile than Crude Oil Strategy Proshares and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, Crude Oil Strategy Proshares is expected to generate 2.31 times less return on investment than the market. In addition to that, the company is 2.63 times more volatile than its market benchmark. It trades about 0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.38 per unit of volatility.
Crude Oil Realized Returns
Crude Oil Daily Price Distribution
The median price of Crude Oil for the period between Sun, Nov 12, 2017 and Tue, Dec 12, 2017 is 21.9 with a coefficient of variation of 1.52. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 21.79, and mean deviation of 0.26. The Etf received some media coverage during the period.