Proshares Vix Short Term Etf Buy Hold or Sell Recommendation
| VIXY Etf | USD 14.20 1.16 7.55% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ProShares VIX Short Term is 'Strong Sell'. Macroaxis provides ProShares VIX buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VIXY positions. The advice algorithm takes into account all of ProShares VIX's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ProShares VIX's buy or sell advice are summarized below:
Real Value 13.05 | Hype Value 14.23 | Market Value 14.2 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ProShares VIX Short Term given historical horizon and risk tolerance towards ProShares VIX. When Macroaxis issues a 'buy' or 'sell' recommendation for ProShares VIX Short Term, the advice is generated through an automated system that utilizes algorithms and statistical models.
ProShares |
Execute ProShares VIX 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 VIX Short Term. Macroaxis does not own or have any residual interests in ProShares VIX Short Term or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares VIX's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
ProShares VIX Trading Alerts and Improvement Suggestions
| Latest headline from zacks.com: Volatility ETFs Spike on Escalating Israel-Iran Conflict | |
| This fund created-48.0 ten year return of -48.0% | |
| ProShares VIX keeps all of the net assets in exotic instruments |
ProShares VIX Returns Distribution Density
The distribution of ProShares VIX's historical returns is an attempt to chart the uncertainty of ProShares VIX's future price movements. The chart of the probability distribution of ProShares VIX daily returns describes the distribution of returns around its average expected value. We use ProShares VIX Short Term price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares VIX returns is essential to provide solid investment advice for ProShares VIX.
| Mean Return | -0.01 | Value At Risk | -3.89 | Potential Upside | 5.16 | Standard Deviation | 2.76 |
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 VIX 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 VIX 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 VIX 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 VIX'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 | 0.19 | |
β | Beta against NYSE Composite | -2.84 | |
σ | Overall volatility | 2.89 | |
Ir | Information ratio | -0.04 |
ProShares VIX Volatility Alert
ProShares VIX Short Term exhibits very low volatility with skewness of 0.77 and kurtosis of 1.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares VIX'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 VIX'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 VIX Implied Volatility
ProShares VIX's implied volatility exposes the market's sentiment of ProShares VIX Short Term stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ProShares VIX's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ProShares VIX stock will not fluctuate a lot when ProShares VIX's options are near their expiration.
ProShares VIX Fundamentals Vs Peers
Comparing ProShares VIX'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 VIX's direct or indirect competition across all of the common fundamentals between ProShares VIX and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares VIX or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares VIX's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares VIX by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares VIX to competition |
| Fundamentals | ProShares VIX | Peer Average |
| Beta | -51.51 | |
| One Year Return | (60.90) % | (0.97) % |
| Three Year Return | (54.70) % | 3.23 % |
| Five Year Return | (48.30) % | 1.12 % |
| Ten Year Return | (48.20) % | 1.20 % |
| Net Asset | 444.09 M | 2.29 B |
ProShares VIX 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.
| Accumulation Distribution | 261872.0 | |||
| Daily Balance Of Power | (1.49) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 14.41 | |||
| Day Typical Price | 14.34 | |||
| Price Action Indicator | (0.79) | |||
| Period Momentum Indicator | (1.16) |
About ProShares VIX Buy or Sell Advice
When is the right time to buy or sell ProShares VIX Short Term? 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 VIX 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?
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Check out ProShares VIX 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of ProShares VIX Short 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 VIX's value that differs from its market value or its book value, called intrinsic value, which is ProShares VIX'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 VIX's market value can be influenced by many factors that don't directly affect ProShares VIX'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 VIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares VIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares VIX'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.