Proshares Long Onlineshort Etf Buy Hold or Sell Recommendation
| CLIX Etf | USD 48.13 0.01 0.02% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding ProShares Long OnlineShort is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell ProShares Long OnlineShort given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for ProShares Long OnlineShort, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ProShares Long 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 Long OnlineShort. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
ProShares |
Execute ProShares Long 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 Long OnlineShort. Macroaxis does not own or have any residual interests in ProShares Long OnlineShort or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ProShares Long's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
ProShares Long Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| The fund created three year return of -6.0% | |
| ProShares Long Onlin holds 99.63% of its assets under management (AUM) in equities |
ProShares Long Returns Distribution Density
The distribution of ProShares Long's historical returns is an attempt to chart the uncertainty of ProShares Long's future price movements. The chart of the probability distribution of ProShares Long daily returns describes the distribution of returns around its average expected value. We use ProShares Long OnlineShort price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ProShares Long returns is essential to provide solid investment advice for ProShares Long.
| Mean Return | 0.19 | Value At Risk | -1.77 | Potential Upside | 1.93 | Standard Deviation | 1.08 |
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 Long 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 Long 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 Long 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 Long'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 | 0.20 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | 0.08 |
ProShares Long Volatility Alert
ProShares Long OnlineShort has relatively low volatility with skewness of -0.11 and kurtosis of -0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Long'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 Long'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 Long Fundamentals Vs Peers
Comparing ProShares Long'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 Long's direct or indirect competition across all of the common fundamentals between ProShares Long and the related equities. This way, we can detect undervalued stocks with similar characteristics as ProShares Long or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ProShares Long's fundamental indicators could also be used in its relative valuation, which is a method of valuing ProShares Long by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ProShares Long to competition |
| Fundamentals | ProShares Long | Peer Average |
| Beta | 0.88 | |
| One Year Return | 31.60 % | (0.97) % |
| Three Year Return | (5.60) % | 3.23 % |
| Five Year Return | 0.10 % | 1.12 % |
| Net Asset | 16.27 M | 2.29 B |
| Equity Positions Weight | 99.63 % | 52.82 % |
ProShares Long 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 | 0.0044 | |||
| Daily Balance Of Power | 0.0476 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 48.14 | |||
| Day Typical Price | 48.13 | |||
| Market Facilitation Index | 0.21 | |||
| Period Momentum Indicator | 0.01 |
About ProShares Long Buy or Sell Advice
When is the right time to buy or sell ProShares Long OnlineShort? 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.
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In addition to having ProShares Long 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 Long 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of ProShares Long Onlin 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 Long's value that differs from its market value or its book value, called intrinsic value, which is ProShares Long'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 Long's market value can be influenced by many factors that don't directly affect ProShares Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Long'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.