ProShares UltraShort Performance

SCO -- USA Etf  

USD 17.14  0.34  2.02%

The etf holds Beta of -1.4625 which implies as returns on market increase, returns on owning ProShares UltraShort are expected to decrease by larger amounts. On the other hand, during market turmoil, ProShares UltraShort is expected to significantly outperform it.. Even though it is essential to pay attention to ProShares UltraShort current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ProShares UltraShort exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

ProShares UltraShort Relative Risk vs. Return Landscape

If you would invest  1,904  in ProShares UltraShort Bloomberg Crude Oil on June 19, 2018 and sell it today you would lose (224.00)  from holding ProShares UltraShort Bloomberg Crude Oil or give up 11.76% of portfolio value over 30 days. ProShares UltraShort Bloomberg Crude Oil is generating negative expected returns assuming volatility of 4.0463% on return distribution over 30 days investment horizon. In other words, 37% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, ProShares UltraShort Bloomberg Crude Oil is expected to under-perform the market. In addition to that, the company is 6.75 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of volatility.

ProShares UltraShort Market Risk Analysis

Sharpe Ratio = -0.1277
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ProShares UltraShort Relative Performance Indicators

Estimated Market Risk
 4.05
  actual daily
 
 63 %
of total potential
  
Expected Return
 -0.52
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.13
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average ProShares UltraShort is performing at about 0% 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
0 

Risk-Adjusted Performance

Over the last 30 days ProShares UltraShort Bloomberg Crude Oil has generated negative risk-adjusted returns adding no value to investors with long positions.

ProShares UltraShort Alerts

Equity Alerts and Improvement Suggestions
ProShares UltraShort generates negative expected return over the last 30 days
ProShares UltraShort has high historical volatility and very poor performance
ProShares UltraShort has high likelihood to experience some financial distress in the next 2 years
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 Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.