Proshares Ultrashort Russell Etf Buy Hold or Sell Recommendation
| SKK Etf | USD 0.70 0.11 13.58% |
Considering the 90-day investment horizon and your below-average risk tolerance, our recommendation regarding PROSHARES ULTRASHORT RUSSELL is 'Strong Sell'. The recommendation algorithm takes into account all of PROSHARES ULTRASHORT's available fundamental, technical, and predictive indicators you will find on this site.
Check out PROSHARES ULTRASHORT 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 ULTRASHORT RUSSELL. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.
PROSHARES |
Execute PROSHARES ULTRASHORT 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 ULTRASHORT RUSSELL. Macroaxis does not own or have any residual interests in PROSHARES ULTRASHORT RUSSELL or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute PROSHARES ULTRASHORT's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
PROSHARES ULTRASHORT Trading Alerts and Improvement Suggestions
| PROSHARES ULTRASHORT generated a negative expected return over the last 90 days | |
| PROSHARES ULTRASHORT has high historical volatility and very poor performance | |
| PROSHARES ULTRASHORT has some characteristics of a very speculative penny stock | |
| The fund generated three year return of -28.0% | |
| PROSHARES ULTRASHORT maintains most of the assets in different exotic instruments. |
PROSHARES ULTRASHORT Returns Distribution Density
The distribution of PROSHARES ULTRASHORT's historical returns is an attempt to chart the uncertainty of PROSHARES ULTRASHORT's future price movements. The chart of the probability distribution of PROSHARES ULTRASHORT daily returns describes the distribution of returns around its average expected value. We use PROSHARES ULTRASHORT RUSSELL price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of PROSHARES ULTRASHORT returns is essential to provide solid investment advice for PROSHARES ULTRASHORT.
| Mean Return | -1.55 | Value At Risk | -35.04 | Potential Upside | 19.56 | Standard Deviation | 19.26 |
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 ULTRASHORT 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 ULTRASHORT 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 ULTRASHORT 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 ULTRASHORT'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 | -1.66 | |
β | Beta against Dow Jones | 3.98 | |
σ | Overall volatility | 19.26 | |
Ir | Information ratio | -0.08 |
PROSHARES ULTRASHORT Volatility Alert
PROSHARES ULTRASHORT RUSSELL is displaying above-average volatility over the selected time horizon. PROSHARES ULTRASHORT RUSSELL is a potential penny etf. Although PROSHARES ULTRASHORT may be in fact a good instrument to invest, many penny etfs are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in PROSHARES ULTRASHORT RUSSELL. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on PROSHARES instrument if you perfectly time your entry and exit. However, remember that penny etfs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.PROSHARES ULTRASHORT Fundamentals Vs Peers
Comparing PROSHARES ULTRASHORT'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 ULTRASHORT's direct or indirect competition across all of the common fundamentals between PROSHARES ULTRASHORT and the related equities. This way, we can detect undervalued stocks with similar characteristics as PROSHARES ULTRASHORT or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of PROSHARES ULTRASHORT's fundamental indicators could also be used in its relative valuation, which is a method of valuing PROSHARES ULTRASHORT by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare PROSHARES ULTRASHORT to competition |
| Fundamentals | PROSHARES ULTRASHORT | Peer Average |
| Year To Date Return | (22.60) % | (2.35) % |
| One Year Return | (40.90) % | (0.97) % |
| Three Year Return | (28.00) % | 3.23 % |
| Net Asset | 3.08 M | 2.29 B |
| Equity Positions Weight | 9.20 % | 52.82 % |
PROSHARES ULTRASHORT 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 | 1071.46 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.86 | |||
| Day Median Price | 0.75 | |||
| Day Typical Price | 0.73 | |||
| Price Action Indicator | (0.10) | |||
| Period Momentum Indicator | (0.11) |
About PROSHARES ULTRASHORT Buy or Sell Advice
When is the right time to buy or sell PROSHARES ULTRASHORT RUSSELL? 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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Check out PROSHARES ULTRASHORT 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of PROSHARES ULTRASHORT 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 ULTRASHORT's value that differs from its market value or its book value, called intrinsic value, which is PROSHARES ULTRASHORT'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 ULTRASHORT's market value can be influenced by many factors that don't directly affect PROSHARES ULTRASHORT'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 ULTRASHORT's value and its price as these two are different measures arrived at by different means. Investors typically determine if PROSHARES ULTRASHORT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROSHARES ULTRASHORT'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.