Macroaxis considers ProShares K to be not very risky. ProShares K 1 maintains Sharpe Ratio (i.e. Efficiency) of -0.1887 which implies ProShares K 1 had -0.1887% of return per unit of risk over the last 1 month. Macroaxis philosophy towards forecasting risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. ProShares K 1 exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check ProShares K 1 to confirm risk estimate we provide.
|Time Horizon||30 Days Login to change|
ProShares K 1 Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, ProShares K has beta of 0.0 . This implies unless we do not have required data, the returns on DOW and ProShares K are completely uncorrelated. Furthermore, ProShares K 1 Free Crude Oil StrategyIt does not look like ProShares K alpha can have any bearing on the equity current valuation.
Predicted Return Density