As of 23 of January ProShares UltraShort holds Risk Adjusted Performance of 0.1298, Coefficient Of Variation of 1545.58 and Semi Deviation of 3.29. 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 15.31 per share.
|Horizon||30 Days Login to change|
ProShares UltraShort Technical Analysis
ProShares UltraShort Trend AnalysisUse 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 LineThe 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 0.06 % 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 32.39, which is the sum of squared deviations for the predicted ProShares UltraShort price change compared to its average price change.
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 SmallCap600 to your portfolio
|Risk Adjusted Performance||0.1298|
|Market Risk Adjusted Performance||4.37|
|Coefficient Of Variation||1545.58|
|Total Risk Alpha||0.2992|
|Value At Risk||(6.92)|
|Expected Short fall||(2.66)|
ProShares UltraShort One Year Return
Based on recorded statements ProShares UltraShort SmallCap600 has One Year Return of 14.13%. This is 375.44% lower than that of the ProShares family, and 177.52% lower than that of Trading--Inverse Equity category, The One Year Return for all etfs is 1230.4% lower than the firm.