Proshares Short Vix Etf Volatility
| SVXY Etf | USD 55.35 1.25 2.31% |
At this stage we consider ProShares Etf to be very steady. ProShares Short VIX maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for ProShares Short VIX, which you can use to evaluate the volatility of the etf. Please check ProShares Short's Risk Adjusted Performance of 0.0769, semi deviation of 1.53, and Coefficient Of Variation of 1027.53 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Sharpe Ratio = 0.1128
| High Returns | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SVXY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Based on monthly moving average ProShares Short is performing at about 8% 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 Short by adding it to a well-diversified portfolio.
Key indicators related to ProShares Short's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
ProShares Short Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of ProShares daily returns, and it is calculated using variance and standard deviation. We also use ProShares's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of ProShares Short volatility.
ProShares | Build AI portfolio with ProShares Etf |
Downward market volatility can be a perfect environment for investors who play the long game with ProShares Short. They may decide to buy additional shares of ProShares Short at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with ProShares Etf
| 0.7 | UDN | Invesco DB Dollar | PairCorr |
| 0.72 | CEFD | ETRACS Monthly Pay | PairCorr |
| 0.8 | VTI | Vanguard Total Stock | PairCorr |
| 0.78 | SPY | SPDR SP 500 | PairCorr |
| 0.78 | IVV | iShares Core SP | PairCorr |
| 0.61 | BND | Vanguard Total Bond | PairCorr |
| 0.88 | TOT | Advisor Managed Port | PairCorr |
| 0.88 | VTV | Vanguard Value Index | PairCorr |
| 0.89 | VO | Vanguard Mid Cap | PairCorr |
| 0.8 | MRK | Merck Company Earnings Call Today | PairCorr |
| 0.75 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
Moving against ProShares Etf
| 0.99 | VXX | iPath Series B Low Volatility | PairCorr |
| 0.99 | VIXY | ProShares VIX Short Low Volatility | PairCorr |
| 0.97 | VIXM | ProShares VIX Mid | PairCorr |
| 0.97 | VXZ | iPath Series B Low Volatility | PairCorr |
| 0.58 | EUO | ProShares UltraShort Euro | PairCorr |
| 0.49 | IRE | Tidal Trust II Potential Growth | PairCorr |
| 0.44 | UUP | Invesco DB Dollar | PairCorr |
ProShares Short Market Sensitivity And Downside Risk
ProShares Short's beta coefficient measures the volatility of ProShares etf compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents ProShares etf's returns against your selected market. In other words, ProShares Short's beta of 1.65 provides an investor with an approximation of how much risk ProShares Short etf can potentially add to one of your existing portfolios. ProShares Short VIX has relatively low volatility with skewness of -0.49 and kurtosis of 3.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ProShares Short'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 Short'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.
3 Months Beta |Analyze ProShares Short VIX Demand TrendCheck current 90 days ProShares Short correlation with market (Dow Jones Industrial)ProShares Short Volatility and Downside Risk
ProShares standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Using ProShares Put Option to Manage Risk
Put options written on ProShares Short grant holders of the option the right to sell a specified amount of ProShares Short at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of ProShares Etf cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge ProShares Short's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding ProShares Short will be realized, the loss incurred will be offset by the profits made with the option trade.
ProShares Short's PUT expiring on 2026-04-17
Profit |
| ProShares Short Price At Expiration |
Current ProShares Short Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | SVXY260417P00045000 | -0.142738 | 0.018275 | 3 | 2026-04-17 | 0.8 - 1.2 | 0.0 | View |
Put | SVXY260417P00050000 | -0.253123 | 0.030619 | 1 | 2026-04-17 | 1.65 - 2.6 | 0.0 | View |
ProShares Short VIX Etf Volatility Analysis
Volatility refers to the frequency at which ProShares Short etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with ProShares Short's price changes. Investors will then calculate the volatility of ProShares Short's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of ProShares Short's volatility:
Historical Volatility
This type of etf volatility measures ProShares Short's fluctuations based on previous trends. It's commonly used to predict ProShares Short's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for ProShares Short's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on ProShares Short's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of ProShares Short VIX price series.
ProShares Short Projected Return Density Against Market
Given the investment horizon of 90 days the etf has the beta coefficient of 1.6501 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ProShares Short will likely underperform.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 Short 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 Short'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.
ProShares Short VIX has an alpha of 0.0744, implying that it can generate a 0.0744 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a ProShares Short Price Volatility?
Several factors can influence a etf's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.ProShares Short Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of ProShares Short is 886.8. The daily returns are distributed with a variance of 2.77 and standard deviation of 1.66. The mean deviation of ProShares Short VIX is currently at 1.11. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.65 | |
σ | Overall volatility | 1.66 | |
Ir | Information ratio | 0.06 |
ProShares Short Etf Return Volatility
ProShares Short historical daily return volatility represents how much of ProShares Short etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF inherits 1.6646% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7542% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
ProShares Short Constituents Risk-Adjusted Indicators
There is a big difference between ProShares Etf performing well and ProShares Short ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ProShares Short's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VIXY | 2.26 | (0.17) | 0.00 | 0.10 | 0.00 | 5.09 | 20.38 | |||
| UVXY | 3.37 | (0.25) | 0.00 | 0.10 | 0.00 | 8.03 | 30.60 | |||
| GUSH | 2.38 | 0.23 | 0.08 | 0.29 | 2.76 | 4.66 | 12.98 | |||
| FTSD | 0.06 | 0.01 | (0.54) | 0.86 | 0.00 | 0.13 | 0.34 | |||
| AAPU | 1.50 | (0.07) | 0.00 | (0.02) | 0.00 | 3.83 | 11.33 | |||
| ERX | 2.01 | 0.40 | 0.14 | 0.95 | 2.21 | 4.54 | 10.76 | |||
| SDOW | 1.76 | 0.00 | 0.00 | 0.05 | 0.00 | 3.14 | 9.25 | |||
| FUMB | 0.04 | 0.01 | (0.48) | 3.20 | 0.00 | 0.10 | 0.45 | |||
| SMB | 0.08 | 0.00 | (0.35) | 0.00 | 0.00 | 0.17 | 0.58 | |||
| EMNT | 0.02 | 0.01 | (0.36) | (0.84) | 0.00 | 0.05 | 0.29 |
About ProShares Short Volatility
Volatility is a rate at which the price of ProShares Short or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of ProShares Short may increase or decrease. In other words, similar to ProShares's beta indicator, it measures the risk of ProShares Short and helps estimate the fluctuations that may happen in a short period of time. So if prices of ProShares Short fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the SP 500 over 30 days in the future. Short VIX is traded on BATS Exchange in the United States.
ProShares Short's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on ProShares Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much ProShares Short's price varies over time.
3 ways to utilize ProShares Short's volatility to invest better
Higher ProShares Short's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of ProShares Short VIX etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. ProShares Short VIX etf volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of ProShares Short VIX investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in ProShares Short's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of ProShares Short's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
ProShares Short Investment Opportunity
ProShares Short VIX has a volatility of 1.66 and is 2.21 times more volatile than Dow Jones Industrial. 14 percent of all equities and portfolios are less risky than ProShares Short. You can use ProShares Short VIX to enhance the returns of your portfolios. The etf experiences an unexpected upward trend. Watch out for market signals. Check odds of ProShares Short to be traded at $66.42 in 90 days.Almost no diversification
The correlation between ProShares Short VIX and DJI is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ProShares Short VIX and DJI in the same portfolio, assuming nothing else is changed.
ProShares Short Additional Risk Indicators
The analysis of ProShares Short's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in ProShares Short's investment and either accepting that risk or mitigating it. Along with some common measures of ProShares Short etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0769 | |||
| Market Risk Adjusted Performance | 0.1009 | |||
| Mean Deviation | 1.11 | |||
| Semi Deviation | 1.53 | |||
| Downside Deviation | 1.85 | |||
| Coefficient Of Variation | 1027.53 | |||
| Standard Deviation | 1.64 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
ProShares Short Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against ProShares Short as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. ProShares Short's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, ProShares Short's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to ProShares Short VIX.
When determining whether ProShares Short VIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Short's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Short Vix Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Short Vix Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Short VIX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of ProShares Short VIX 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, ProShares Short's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.