ProShares UltraShort Performance

PR
SDD -- USA Etf  

USD 10.81  0.03  0.28%

The etf holds Beta of 0.1993 which implies as returns on market increase, ProShares UltraShort returns are expected to increase less than the market. However during bear market, the loss on holding ProShares UltraShort will be expected to be smaller as well. 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 etf 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-eight 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 SmallCap60 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Etf's fundamental drivers remain rather sound which may send shares a bit higher in February 2020. The ongoing tumult may also be a sign of longer-term up-swing for the fund shareholders.
Fifty Two Week Low11.05
Fifty Two Week High15.62
Horizon     30 Days    Login   to change

ProShares UltraShort Relative Risk vs. Return Landscape

If you would invest  1,279  in ProShares UltraShort SmallCap60 on December 20, 2019 and sell it today you would lose (198.00)  from holding ProShares UltraShort SmallCap60 or give up 15.48% of portfolio value over 30 days. ProShares UltraShort SmallCap60 is generating negative expected returns assuming volatility of 1.3451% 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 2.86 times more volatile than its market benchmark. It trades about -0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.31 per unit of volatility.

ProShares UltraShort Market Risk Analysis

Sharpe Ratio = -0.1915
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ProShares UltraShort Relative Performance Indicators

Estimated Market Risk
 1.35
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 -0.26
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.19
  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
ProShares UltraShort has high likelihood to experience some financial distress in the next 2 years
This fund generated-30.0 ten year return of -30.0%
ProShares UltraShort maintains all of the assets in different exotic instruments

ProShares UltraShort Dividends

ProShares UltraShort Dividends Analysis

Check ProShares UltraShort dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
Additionally take a look at World Market Map. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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