ProShares UltraShort Technical Analysis

SDS -- USA Etf  

USD 24.13  0.52  2.11%

As of the 29th of January ProShares UltraShort holds Risk Adjusted Performance of (0.19) and Coefficient Of Variation of (354.70). Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of ProShares UltraShort as well as the relationship between them. Put it differently you can use this information to find out if the etf will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for ProShares UltraShort which can be compared to its competitors. Please check ProShares UltraShort Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if ProShares UltraShort is priced some-what accurately providing market reflects its current price of 24.13 per share.
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ProShares UltraShort Technical Analysis

The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of ProShares UltraShort volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

ProShares UltraShort Trend Analysis

Use this graph to draw trend lines for ProShares UltraShort SP500. You can use it to identify possible trend reversals for ProShares UltraShort as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ProShares UltraShort price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ProShares UltraShort Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ProShares UltraShort SP500 applied against its price change over selected period. The best fit line has a slop of   0.08  which may imply that the returns on investment in ProShares UltraShort SP500 will continue to fail. It has 122 observation points and a regression sum of squares at 215.33, which is the sum of squared deviations for the predicted ProShares UltraShort price change compared to its average price change.

ProShares UltraShort January 29, 2020 Technical Indicators

ProShares UltraShort One Year Return

Based on recorded statements ProShares UltraShort SP500 has One Year Return of -41.18%. This is 142.52% higher than that of the ProShares family, and 515.64% lower than that of Trading--Inverse Equity category, The One Year Return for all etfs is 4145.36% higher than the company.
  Year Return 
  ProShares UltraShort Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Additionally take a look at World Market Map. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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