ProShares UltraShort Performance

SCO -- USA Etf  

USD 19.04  0.38  2.04%

The etf holds Beta of 0.0 which implies the returns on MARKET and ProShares UltraShort are completely uncorrelated. Although it is vital to follow to ProShares UltraShort current trending patterns, it is good to be conservative about what you can actually do with the information regarding equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any etf is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if ProShares UltraShort expected return of 1.0302 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
 Time Horizon     30 Days    Login   to change

ProShares UltraShort Relative Risk vs. Return Landscape

If you would invest  1,551  in ProShares UltraShort Bloomberg Crude Oil on May 20, 2018 and sell it today you would earn a total of  353.00  from holding ProShares UltraShort Bloomberg Crude Oil or generate 22.76% return on investment over 30 days. ProShares UltraShort Bloomberg Crude Oil is generating 1.0302% of daily returns assuming volatility of 3.2377% on return distribution over 30 days investment horizon. In other words, 29% of equities are less volatile than the company and above 81% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 

ProShares UltraShort Market Risk Analysis

Sharpe Ratio = 0.3182
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsSCO
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

ProShares UltraShort Relative Performance Indicators

Estimated Market Risk
 3.24
  actual daily
 
 71 %
of total potential
  
Expected Return
 1.03
  actual daily
 
 19 %
of total potential
  
Risk-Adjusted Return
 0.32
  actual daily
 
 21 %
of total potential
  
Based on monthly moving average ProShares UltraShort is performing at about 21% 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 UltraShort by adding it to a well-diversified portfolio.

Performance Rating

ProShares UltraShort Bloomberg Crude Oil Risk Adjusted Performance Analysis
21 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in ProShares UltraShort Bloomberg Crude Oil are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.

ProShares UltraShort Alerts

Equity Alerts and Improvement Suggestions
ProShares UltraShort appears to be very risky and stock price may revert if volatility continues
ProShares UltraShort Bloomberg Crude Oil generated five year return of -2.0%
This fund maintains all of the assets in different exotic instruments
Also please take a look at World Market Map. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.