Proshares Short Qqq Etf Buy Hold or Sell Recommendation
| PSQ Etf | USD 45.81 0.57 1.26% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ProShares Short QQQ is 'Strong Sell'. Macroaxis provides ProShares Short buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PSQ positions. The advice algorithm takes into account all of ProShares Short's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ProShares Short's buy or sell advice are summarized below:
Real Value 38.29 | Hype Value 45.81 | Market Value 45.81 | Naive Value 42.57 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares Short QQQ given historical horizon and risk tolerance towards ProShares Short. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares Short QQQ, the advice is generated through an automated system that utilizes algorithms and statistical models.
ProShares |
Execute ProShares Short Buy or Sell Advice
The ProShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ProShares Short QQQ. Macroaxis does not own or have any residual interests in ProShares Short QQQ or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Short's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
ProShares Short Trading Alerts and Improvement Suggestions
| ProShares Short QQQ is way too risky over 90 days horizon | |
| ProShares Short QQQ appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: ProShares Short QQQ Stock Split Is No Big Deal - TheStreet | |
| This fund generated-18.0 ten year return of -18.0% | |
| ProShares Short maintains most of the assets in different exotic instruments. |
ProShares Short Returns Distribution Density
The distribution of ProShares Short's historical returns is an attempt to chart the uncertainty of ProShares Short's future price movements. The chart of the probability distribution of ProShares Short daily returns describes the distribution of returns around its average expected value. We use ProShares Short QQQ price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Short returns is essential to provide solid investment advice for ProShares Short.
| Mean Return | 4.81 | Value At Risk | -1.57 | Potential Upside | 1.69 | Standard Deviation | 4,581 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ProShares Short historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ProShares Short Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ProShares Short or ProShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ProShares Short's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ProShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 5.36 | |
β | Beta against NYSE Composite | -9.5 | |
σ | Overall volatility | 51.49 | |
Ir | Information ratio | 0.09 |
ProShares Short Volatility Alert
ProShares Short QQQ is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Short's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ProShares Short's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ProShares Short Fundamentals Vs Peers
Comparing ProShares Short's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ProShares Short's direct or indirect competition across all of the common fundamentals between ProShares Short and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Short or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Short's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Short by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares Short to competition |
| Fundamentals | ProShares Short | Peer Average |
| Beta | -1.18 | |
| One Year Return | (20.90) % | (0.97) % |
| Three Year Return | (8.80) % | 3.23 % |
| Five Year Return | (18.80) % | 1.12 % |
| Ten Year Return | (17.90) % | 1.20 % |
| Net Asset | 1.58 B | 2.29 B |
| Last Dividend Paid | 0.045 | 0.14 |
| Equity Positions Weight | (100.00) % | 52.82 % |
ProShares Short Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ProShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About ProShares Short Buy or Sell Advice
When is the right time to buy or sell ProShares Short QQQ? Buying financial instruments such as ProShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ProShares Short in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Growth Funds Theme or any other thematic opportunities.
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Check out ProShares Short Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of ProShares Short QQQ is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Short's market value can be influenced by many factors that don't directly affect ProShares Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.