Proshares Ultrashort Yen Etf Market Outlook
| YCS Etf | USD 48.75 0.04 0.08% |
Slightly above 56% of ProShares UltraShort's investor base is looking to short. The current sentiment regarding investing in ProShares UltraShort Yen etf implies that many traders are alarmed. ProShares UltraShort's investing sentiment can be driven by a variety of factors including economic data, ProShares UltraShort's earnings reports, geopolitical events, and overall market trends.
Comfort Level 44
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use ProShares UltraShort's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward ProShares UltraShort Yen.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ProShares UltraShort Yen is 'Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell ProShares UltraShort Yen given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for ProShares UltraShort Yen, the advice is generated through an automated system that utilizes algorithms and statistical models.
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Execute ProShares UltraShort Advice
The ProShares recommendation should be used to complement the investment advice compiled from the current analysts' consensus on ProShares UltraShort Yen. Macroaxis does not own or have any residual interests in ProShares UltraShort Yen 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
 |  |
Sell
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
For the selected time horizon ProShares UltraShort Yen has a Mean Deviation of 0.8483, Semi Deviation of 1.27, Standard Deviation of 1.11, Variance of 1.24, Downside Variance of 1.76 and Semi Variance of 1.61Our recommendation tool can be used to complement ProShares UltraShort trade recommendations provided by experts. It analyzes the entity's potential to grow against your specific risk preferences and investment horizon. Please employ ProShares UltraShort number of employees and ten year return to make buy, hold, or sell decision on ProShares UltraShort Yen.
ProShares UltraShort Trading Alerts and Improvement Suggestions
| ProShares UltraShort generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investors Tap the Brakes on the Yen Short as ProShares YCS Faces Heavy Outflows - TipRanks | |
| The fund keeps all of the net assets in 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 Yen 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 analysis for ProShares UltraShort.
| Mean Return | 0.02 | Value At Risk | -1.95 | Potential Upside | 1.66 | Standard Deviation | 1.11 |
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 | 0.01 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 1.12 | |
Ir | Information ratio | -0.05 |
ProShares UltraShort Volatility Alert
ProShares UltraShort Yen has relatively low volatility with skewness of -0.42 and kurtosis of 0.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares UltraShort'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 UltraShort'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 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 |
| Beta | -47.02 | |
| One Year Return | 8.20 % | (0.97) % |
| Three Year Return | 21.70 % | 3.23 % |
| Five Year Return | 22.90 % | 1.12 % |
| Ten Year Return | 9.80 % | 1.20 % |
| Net Asset | 51.95 M | 2.29 B |
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.
About ProShares UltraShort Buy or Sell Advice
When is the right time to buy or sell ProShares UltraShort Yen? 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.
Use Investing Ideas to Build Portfolios
In addition to having ProShares UltraShort 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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Target Risk ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Risk ETFs theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Target Risk ETFs Theme or any other thematic opportunities.
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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Understanding ProShares UltraShort Yen requires distinguishing between market price and book value, where the latter reflects ProShares's accounting equity. The concept of intrinsic value - what ProShares UltraShort's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push ProShares UltraShort's price substantially above or below its fundamental 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. In contrast, ProShares UltraShort's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.