ProShares K Performance

ProShares K 1 Free Crude Oil Strategy -- USA Etf  

USD 22.70  0.000001  0.00%

The etf holds Beta of -0.4186 which implies as returns on market increase, returns on owning ProShares K are expected to decrease at a much smaller rate. During bear market, ProShares K is likely to outperform the market.. Even though it is essential to pay attention to ProShares K 1 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 K 1 exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

ProShares K 1 Relative Risk vs. Return Landscape

If you would invest  2,382  in ProShares K 1 Free Crude Oil Strategy on January 26, 2018 and sell it today you would lose (112.00)  from holding ProShares K 1 Free Crude Oil Strategy or give up 4.7% of portfolio value over 30 days. ProShares K 1 Free Crude Oil Strategy is currenly does not generate positive expected returns and assumes 1.5653% risk (volatility on return distribution) over the 30 days horizon. In different words, 14% of equities are less volatile than ProShares K 1 Free Crude Oil Strategy and 99% 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 K 1 Free Crude Oil Strategy is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.11 times less risky than the market. the firm trades about -0.14 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 of returns per unit of risk over similar time horizon.

ProShares K Realized Returns

ProShares K Daily Price Distribution

The median price of ProShares K for the period between Fri, Jan 26, 2018 and Sun, Feb 25, 2018 is 22.70000076 with a coefficient of variation of 3.93. The daily time series for the period is distributed with a sample standard deviation of 0.89, arithmetic mean of 22.56, and mean deviation of 0.77. The Etf did not receive any noticable media coverage during the period.
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Risk-Adjusted Performance

Over the last 30 days ProShares K 1 Free Crude Oil Strategy has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

ProShares K Sharpe Ratio = -0.1389
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Estimated Market Risk

 1.57
  actual daily
 
 86 %
of total potential
  

Expected Return

 -0.22
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.14
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average ProShares K is performing at about 0% 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 K by adding it to a well-diversified portfolio.