Proshares Ultra Qqq Etf Buy Hold or Sell Recommendation

QLD Etf  USD 97.69  1.81  1.82%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ProShares Ultra QQQ is 'Strong Hold'. Macroaxis provides ProShares Ultra buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding QLD positions.
  
Check out ProShares Ultra 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.
Note, we conduct extensive research on individual funds such as ProShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards ProShares Ultra QQQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute ProShares Ultra 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 Ultra QQQ. Macroaxis does not own or have any residual interests in ProShares Ultra QQQ or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Ultra's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ProShares UltraBuy ProShares Ultra
Strong Hold

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails

Financial Leverage

Not RatedDetails
For the selected time horizon ProShares Ultra QQQ has a Risk Adjusted Performance of 0.1094, Jensen Alpha of 0.2144, Total Risk Alpha of (0.02), Sortino Ratio of 0.0857 and Treynor Ratio of 0.3662
Macroaxis provides advice on ProShares Ultra QQQ to complement and cross-verify current analyst consensus on ProShares Ultra QQQ. Our recommendation engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. Use ProShares Ultra QQQ price to book, total asset, as well as the relationship between the Total Asset and ten year return to ensure your buy or sell decision on ProShares Ultra QQQ is adequate.

ProShares Ultra Trading Alerts and Improvement Suggestions

Latest headline from news.google.com: Norden Group LLC Takes Position in ProShares Ultra QQQ - Defense World
The fund maintains 92.01% of its assets in stocks

ProShares Ultra Returns Distribution Density

The distribution of ProShares Ultra's historical returns is an attempt to chart the uncertainty of ProShares Ultra's future price movements. The chart of the probability distribution of ProShares Ultra daily returns describes the distribution of returns around its average expected value. We use ProShares Ultra QQQ price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Ultra returns is essential to provide solid investment advice for ProShares Ultra.
Mean Return
0.31
Value At Risk
-3.8
Potential Upside
3.06
Standard Deviation
1.90
   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 Ultra 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 Ultra 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 Ultra 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 Ultra'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 Dow Jones
0.21
β
Beta against Dow Jones0.82
σ
Overall volatility
1.84
Ir
Information ratio 0.10

ProShares Ultra Volatility Alert

ProShares Ultra QQQ currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Ultra'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 Ultra'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 Ultra Fundamentals Vs Peers

Comparing ProShares Ultra'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 Ultra's direct or indirect competition across all of the common fundamentals between ProShares Ultra and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Ultra or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Ultra's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Ultra by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ProShares Ultra to competition
FundamentalsProShares UltraPeer Average
Price To Earning20.67 X3.15 X
Price To Book4.56 X0.39 X
Price To Sales2.92 X0.33 X
Beta2.36
One Year Return46.40 %(0.97) %
Three Year Return11.40 %3.23 %
Five Year Return31.80 %1.12 %
Ten Year Return30.30 %1.20 %
Net Asset2.54 B2.29 B
Last Dividend Paid0.040.14
Equity Positions Weight92.01 %52.82 %

ProShares Ultra 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 Ultra Buy or Sell Advice

When is the right time to buy or sell ProShares Ultra 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 Ultra 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 Utilities - Regulated Electric Thematic Idea Now

Utilities - Regulated Electric
Utilities - Regulated Electric Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ProShares Etf

When determining whether ProShares Ultra QQQ is a strong investment it is important to analyze ProShares Ultra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out ProShares Ultra 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of ProShares Ultra 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.