ProShares UltraShort Performance

SDP -- USA ProShares UltraShort Utilities  

USD 15.53  0.29  1.90%

The proshares ultrashort utilities holds Beta of -0.6589 which implies as returns on market increase, returns on owning ProShares UltraShort are expected to decrease at a much smaller rate. During bear market, ProShares UltraShort is likely to outperform the market. Even though it is essential to pay attention to ProShares UltraShort current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any proshares ultrashort utilities is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ProShares UltraShort exposes twenty-one different technical indicators which can help you to evaluate its performance.
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Risk-Adjusted Performance

Over the last 30 days ProShares UltraShort Utilities has generated negative risk-adjusted returns adding no value to investors with long positions. Inspite latest unsteady performance, the ProShares UltraShort Utilities's forward-looking indicators remain unfluctuating and the recent disarray on Wall Street may also be a sign of long period gains for the entity insiders.
Fifty Two Week Low15.39
Fifty Two Week High24.55
Horizon     30 Days    Login   to change

ProShares UltraShort Relative Risk vs. Return Landscape

If you would invest  1,668  in ProShares UltraShort Utilities on August 21, 2019 and sell it today you would lose (144.00)  from holding ProShares UltraShort Utilities or give up 8.63% of portfolio value over 30 days. ProShares UltraShort Utilities is generating negative expected returns assuming volatility of 1.4323% on return distribution over 30 days investment horizon. In other words, 12% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, ProShares UltraShort is expected to under-perform the market. In addition to that, the company is 1.56 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

ProShares UltraShort Market Risk Analysis

Sharpe Ratio = -0.0946
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ProShares UltraShort Relative Performance Indicators

Estimated Market Risk
 1.43
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 -0.14
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.09
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average ProShares UltraShort is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProShares UltraShort by adding it to a well-diversified portfolio.

ProShares UltraShort Alerts

Equity Alerts and Improvement Suggestions

ProShares UltraShort generates negative expected return over the last 30 days
Also please take a look at World Market Map. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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