ProShares UltraPro Short MidCap400 chart

Last update: 2022-12-30
Key statistics and financials
Three year average return -61.62%
YTD return 4.89%
Beta 3Y -3.01
Total Assets 5.22M
Annual report expense ratio 0.95%

Company description

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is a measure of mid-size company U.S. stock market performance. The fund is non-diversified.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to ProShares UltraPro Short MidCap400:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ProShares UltraPro Short MidCap400. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ProShares UltraPro Short MidCap400

Here is the result of two systematic investment strategies applied to ProShares UltraPro Short MidCap400. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ProShares UltraPro Short MidCap400

The following chart shows the equity curve of the two systematic investment strategies applied to ProShares UltraPro Short MidCap400:

ProShares UltraPro Short MidCap400 automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -10.99% on the backtest period.

Performance at glance

Performance

-10.99 %

Latent gain

-220.22 $

Invested capital

2003.61 $

Annualized return

-2.65 %
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Momentum strategy results on ProShares UltraPro Short MidCap400

This is the result of two momentum investment strategies applied to ProShares UltraPro Short MidCap400. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ProShares UltraPro Short MidCap400

The following chart shows all the entries opened by the momentum investment system on ProShares UltraPro Short MidCap400:

ProShares UltraPro Short MidCap400 momentum entries
  • The first momentum investment strategy would give 14.91% of return on ProShares UltraPro Short MidCap400. That represents 871.81$ of latent gain with 5846.44$ of employed capital.
  • The second momentum investment strategy would give 38.64% of return on ProShares UltraPro Short MidCap400. That represents 1443.54$ of latent gain with 3735.62$ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.91 %

Latent gain

871.81 $

Invested capital

5846.44 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

38.64 %

Latent gain

1443.54 $

Invested capital

3735.62 $

Annualized return

10.56 %

Momentum equity curve on ProShares UltraPro Short MidCap400

The following chart shows the equity curve of the two momentum strategies applied to ProShares UltraPro Short MidCap400:

ProShares UltraPro Short MidCap400 momentum equity

Note: the dividends potentially given by ProShares UltraPro Short MidCap400 are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ProShares UltraPro Short MidCap400

The following chart shows the employed capital evolution of the two momentum strategies on ProShares UltraPro Short MidCap400 since the beginning:

ProShares UltraPro Short MidCap400

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on ProShares UltraPro Short MidCap400

Buy the dip entry openings on ProShares UltraPro Short MidCap400

ProShares UltraPro Short MidCap400

The performance achieved by the robo-advisor on ProShares UltraPro Short MidCap400 is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows ProShares UltraPro Short MidCap400 stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ProShares UltraPro Short MidCap400, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to ProShares UltraPro Short MidCap400

The following chart shows the result of the investment strategy applied to ProShares UltraPro Short MidCap400:

ProShares UltraPro Short MidCap400

Note: the dividends potentially given by ProShares UltraPro Short MidCap400 are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ProShares UltraPro Short MidCap400

The following chart shows the employed capital evolution since the beginning of the investment strategy on ProShares UltraPro Short MidCap400:

ProShares UltraPro Short MidCap400

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ProShares UltraPro Short MidCap400

In this section, I will compare the three previous investment strategies applied to ProShares UltraPro Short MidCap400.

Equity curve comparison on ProShares UltraPro Short MidCap400

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ProShares UltraPro Short MidCap400 investment strategy comparison

Employed capital comparison on ProShares UltraPro Short MidCap400

ProShares UltraPro Short MidCap400 investment comparison

Performance comparison on ProShares UltraPro Short MidCap400

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -10.99% -220.22$ 2003.61$ -2.65%
Momentum 1 quarter 14.91% 871.81$ 5846.44$ 3.82%
Momentum 2 quarters 38.64% 1443.54$ 3735.62$ 10.56%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-2.65 %

Momentum 1Q

10.56 %

Momentum 2Q

10.56 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ProShares UltraPro Short MidCap400:

Positive correlations

Most correlated stocks this year

  • ProShares UltraPro Short MidCap400 -3x Shares

  • Most correlated stocks last 3 months

  • ProShares Short High Yield -1x Shares
  • ProShares UltraPro Short MidCap400 -3x Shares

  • Note: The algorithm computes the probability of correlation between ProShares UltraPro Short MidCap400 and the other stocks. There may be false positives or some missing correlated stocks. If the price of ProShares UltraPro Short MidCap400 does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name ProShares UltraPro Short MidCap400
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker SMDD
    Market

    ProShares UltraPro Short MidCap400 ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown