Crude Oil Strategy Proshares shows Downside Deviation of 1.41, Risk Adjusted Performance of 0.0124 and Mean Deviation of 1.0. 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 22.03 per share.
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Crude Oil Strategy Trend AnalysisUse 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 LineThe 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 0.013137 % which means Crude Oil Strategy Proshares will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.14, which is the sum of squared deviations for the predicted Crude Oil price change compared to its average price change.
Crude Oil Strategy Proshares is regarded third 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 1.28 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Crude Oil Strategy Proshares is roughly 1.28