ProShares UltraShort Performance

SDD -- USA Etf  

USD 12.18  0.17  1.38%

The etf holds Beta of 0.0 which implies the returns on MARKET and ProShares UltraShort are completely uncorrelated. 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  1,331  in ProShares UltraShort SmallCap600 on May 25, 2018 and sell it today you would lose (95.60)  from holding ProShares UltraShort SmallCap600 or give up 7.18% of portfolio value over 30 days. ProShares UltraShort SmallCap600 is generating negative expected returns assuming volatility of 1.1727% on return distribution over 30 days investment horizon. In other words, 10% 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 SmallCap600 is expected to under-perform the market. In addition to that, the company is 1.96 times more volatile than its market benchmark. It trades about -0.37 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of volatility.

ProShares UltraShort Market Risk Analysis

Sharpe Ratio = -0.3676
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ProShares UltraShort Relative Performance Indicators

Estimated Market Risk
 1.17
  actual daily
 
 90 %
of total potential
  
Expected Return
 -0.43
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.37
  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 SmallCap600 Risk Adjusted Performance Analysis
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Risk-Adjusted Performance

Over the last 30 days ProShares UltraShort SmallCap600 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 likelihood to experience some financial distress in the next 2 years
This fund generated-33.0 ten year return of -33.0%
ProShares UltraShort maintains all of the assets in different exotic instruments
Also please take a look at World Market Map. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.