ProShares K Technical Analysis

ProShares K 1 Free Crude Oil Strategy -- USA Etf  

USD 23.72  0.48  2.07%

ProShares K 1 Free Crude Oil Strategy holds Coefficient Of Variation of 3664.3, Semi Deviation of 1.13 and Risk Adjusted Performance of 0.0299. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of ProShares K as well as the relationship between them. In other words you can use this information to find out if the etf will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for ProShares K 1 which can be compared to its competitors. Please check ProShares K 1 Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if ProShares K 1 is priced some-what accurately providing market reflects its current price of 23.72 per share.
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ProShares K 1 Technical Analysis

Time Period
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The output start index for this execution was ten with a total number of output elements of seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ProShares K 1 volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

ProShares K 1 Trend Analysis

Use this graph to draw trend lines for ProShares K 1 Free Crude Oil Strategy. You can use it to identify possible trend reversals for ProShares K 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 ProShares K price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ProShares K Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ProShares K 1 Free Crude Oil Strategy applied against its price change over selected period. The best fit line has a slop of 0.079814 % which means ProShares K 1 Free Crude Oil Strategy will continue generating value for investors. It has 34 observation points and a regression sum of squares at 5.2, which is the sum of squared deviations for the predicted ProShares K price change compared to its average price change.

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ProShares K 1 Free Crude Oil Strategy is rated below average in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.39  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for ProShares K 1 Free Crude Oil Strategy is roughly  1.39 

One Year Return

ProShares K 1 One Year Return
Based on recorded statements ProShares K 1 Free Crude Oil Strategy has One Year Return of 11.54%. This is 324.95% lower than that of the ProShares family, and significantly higher than that of Energy category, The One Year Return for all etfs is 1023.2% lower than the firm.
  Year Return 
      ProShares K 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.

ProShares K Market Strength

ProShares K March 23, 2018 Daily Price Condition