ProShares UltraShort Yen Etf Statistic Functions Beta
| YCS Etf | USD 52.65 -0.59 -1.11% |
| Symbol |
This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on ProShares UltraShort Yen correlated with the market. If Beta is less than 0 ProShares UltraShort generally moves in the opposite direction as compared to the market. If ProShares UltraShort Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProShares UltraShort Yen is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProShares UltraShort is generally in the same direction as the market. If Beta > 1 ProShares UltraShort moves generally in the same direction as, but more than the movement of the benchmark.
ProShares UltraShort Technical Analysis Modules
Technical analysis of ProShares UltraShort uses historical price and volume data to identify patterns that may signal where the ProShares trend is heading. Cross-category confirmation - momentum aligning with volume and trend - produces the highest-conviction setups for ProShares.| Cycle Indicators | ||
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Methodology, Assumptions & Data Sources
This chart follows ProShares UltraShort's Statistic Functions across recent years. Big swings can signal sensitivity to the broader economy.
For ProShares UltraShort Yen, this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.