ProShares UltraShort Technical Analysis

ProShares UltraShort Bloomberg Crude Oil -- USA Etf  

USD 17.82  0.24  1.37%

ProShares UltraShort Bloomberg Crude Oil holds Coefficient Of Variation of 587.55 and Risk Adjusted Performance of 0.28. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of ProShares UltraShort 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 UltraShort which can be compared to its competitors. Please check ProShares UltraShort Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if ProShares UltraShort is priced some-what accurately providing market reflects its current price of 17.82 per share.
 Time Horizon     30 Days    Login   to change

ProShares UltraShort Technical Analysis

Indicator
Time Period
  Portfolio Optimization    
  
Execute Indicator
 
The output start index for this execution was fifteen with a total number of output elements of twenty-four. 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 UltraShort 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 UltraShort Trend Analysis

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

ProShares UltraShort Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ProShares UltraShort Bloomberg Crude Oil applied against its price change over selected period. The best fit line has a slop of 0.12 % which may imply that the returns on investment in ProShares UltraShort Bloomberg Crude Oil will continue to fail. It has 78 observation points and a regression sum of squares at 146.27, which is the sum of squared deviations for the predicted ProShares UltraShort price change compared to its average price change.

Diversify with ProShares UltraShort Bloomberg Crude Oil

Build Optimal Portfolios
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add ProShares UltraShort Bloomberg Crude Oil to your portfolio

ProShares UltraShort One Year Return

Based on recorded statements ProShares UltraShort Bloomberg Crude Oil has One Year Return of -29.54%. This is 475.83% higher than that of the ProShares family, and significantly lower than that of Energy category, The One Year Return for all etfs is 2263.2% higher than the company.
  Year Return 
      ProShares UltraShort 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 UltraShort Market Strength

ProShares UltraShort April 20, 2018 Daily Price Condition
Also please take a look at World Market Map. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.