Crude Oil Technical Analysis

Crude Oil Strategy Proshares -- USA Etf  

USD 21.86  0.06  0.28%

Crude Oil Strategy Proshares shows Downside Deviation of 1.47, Risk Adjusted Performance of 0.0616 and Mean Deviation of 0.9957. In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of Crude Oil as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Crude Oil Strategy Proshares which can be compared to its rivals. Please confirm Crude Oil Strategy Jensen Alpha and Downside Variance to decide if Crude Oil Strategy is priced correctly providing market reflects its regular price of 21.86 per share.
Investment Horizon     30 Days    Login   to change

Crude Oil Strategy Trend Analysis

Use this graph to draw trend lines for Crude Oil Strategy Proshares. You can use it to identify possible trend reversals for Crude Oil as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Crude Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Crude Oil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Crude Oil Strategy Proshares applied against its price change over selected period. The best fit line has a slop of 0.02 % which may suggest that Crude Oil Strategy Proshares market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.49, which is the sum of squared deviations for the predicted Crude Oil price change compared to its average price change.

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Crude Oil Strategy Proshares is regarded fifth largest ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.27  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Crude Oil Strategy Proshares is roughly  1.27 

One Year Return

Crude Oil Strategy One Year Return
Based on recorded statements Crude Oil Strategy Proshares has One Year Return of 5.13%. This is 200.0% lower than that of the ProShares family, and significantly higher than that of Commodities Energy category, The One Year Return for all etfs is 510.4% lower than the firm.
  Year Return 
      Crude Oil Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.