ProShares UltraShort Technical Analysis

ProShares UltraShort SmallCap600 -- USA Etf  

USD 14.40  0.40  2.86%

ProShares UltraShort SmallCap600 holds Coefficient Of Variation of 1,388 and Risk Adjusted Performance of 0.12. 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 Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if ProShares UltraShort is priced some-what accurately providing market reflects its current price of 14.4 per share.
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ProShares UltraShort Technical Analysis

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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 SmallCap600. 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 SmallCap600 applied against its price change over selected period. The best fit line has a slop of 0.02 % which may imply that the returns on investment in ProShares UltraShort SmallCap600 will continue to fail. It has 78 observation points and a regression sum of squares at 2.24, which is the sum of squared deviations for the predicted ProShares UltraShort price change compared to its average price change.

Current Sentiment - SDD

ProShares UltraShort Investor Sentiment
Greater number of Macroaxis users are at this time bullish on ProShares UltraShort SmallCap600. What is your perspective on investing in ProShares UltraShort SmallCap600? Are you bullish or bearish?
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98% Bullish
2% Bearish
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ProShares UltraShort One Year Return

Based on recorded statements ProShares UltraShort SmallCap600 has One Year Return of -21.91%. This is 327.1% higher than that of the ProShares family, and significantly lower than that of Size and Style category, The One Year Return for all etfs is 1652.8% 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 22, 2018 Daily Price Condition
Also please take a look at World Market Map. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.