ProShares UltraShort Euro Etf Technical Analysis
| EUO Etf | USD 29.68 -0.13 -0.44% |
As of the 17th of March 2026, ProShares UltraShort trades around 29.68 per share. Indicator dispersion currently includes Semi Deviation of 0.8537, risk adjusted performance of 0.0509, and Coefficient Of Variation of 1583.8. The evaluation incorporates historical dispersion and relative strength measures. Normalized comparisons highlight positioning versus competitors.
ProShares UltraShort Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ProShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProSharesProShares | Build portfolio with ProShares Etf |
The market value of ProShares UltraShort Euro is measured differently than book value, which reflects ProShares accounting equity. Intrinsic value represents an estimate of underlying worth and can differ from both market price and book value. Valuation methods compare these perspectives to frame context.
Note that ProShares UltraShort's intrinsic value and market price are different measures derived from different inputs. Analysis often considers earnings, revenue quality, fundamentals, technical signals, competition, and analyst coverage. Where ProShares UltraShort trades at any moment depends on the balance of buying and selling pressure.
What if' Analysis
Historical what-if analysis for ProShares UltraShort Euro is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. This becomes more informative when investors use the backtest to challenge timing assumptions rather than to search for a perfect historical entry point.
| 12/17/2025 |
| 03/17/2026 |
A 0.00 position in ProShares UltraShort initiated on December 17, 2025 and held to today would produce 0.00 in aggregate gains. The change equals a 0.0% cumulative return in ProShares UltraShort overall over a 90 day window. ProShares UltraShort competes with or is related to Nuveen Short, Teucrium Soybean, ProShares Ultra, Direxion Daily, WBI BullBear, First Trust, and Direxion Daily. Peer context helps frame relative positioning. The fund seeks to meet its investment objective, under normal market conditions, by obtaining short exposures to its ben... More
Upside and Downside Indicators for ProShares UltraShort Dashboard
Upside and downside indicators for ProShares UltraShort summarize momentum balance and potential range context for the ETF. This view helps summarize momentum conditions without implying direction.
| Downside Deviation | 0.9727 | |||
| Information Ratio | 0.083 | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | -1.42 | |||
| Potential Upside | 1.47 |
ProShares UltraShort Market Risk Indicators Dashboard
These indicators track ProShares UltraShort's volatility and return range dynamics. The metrics rely on historical prices to describe variability over time.| Risk Adjusted Performance | 0.0509 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | 0.07 | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | -0.50 |
Mean reversion in ProShares UltraShort is distinct from trend following. Where trend followers ride price momentum, mean reversion investors bet that extended moves will reverse once the underlying driver runs out of fuel.
Technical Indicators
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| Volume Indicators |
| Risk Adjusted Performance | 0.0509 | |||
| Market Risk Adjusted Performance | -0.49 | |||
| Mean Deviation | 0.5925 | |||
| Semi Deviation | 0.8537 | |||
| Downside Deviation | 0.9727 | |||
| Coefficient Of Variation | 1583.8 | |||
| Standard Deviation | 0.8314 | |||
| Variance | 0.6912 | |||
| Information Ratio | 0.083 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | 0.07 | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | -0.50 | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | -1.42 | |||
| Potential Upside | 1.47 | |||
| Downside Variance | 0.9462 | |||
| Semi Variance | 0.7289 | |||
| Expected Short fall | -0.55 | |||
| Skewness | -0.36 | |||
| Kurtosis | 1.13 |
ProShares UltraShort Euro Backtested Returns
ProShares UltraShort indicates a very low volatility profile under the selected horizon. It exhibits a Sharpe Ratio (Efficiency) of 0.1, highlighting adjusted efficiency metrics. We identified twenty-six technical indicators influencing the company's volatility profile. Please analyze metrics such as Semi Deviation of 0.8537, risk-adjusted performance of 0.0509, and Coefficient Of Variation of 1583.8 to confirm variance-based stability. The etf shows a Beta (market volatility) of -0.0846, which signifies relatively modest fluctuations relative to the market. ProShares UltraShort shows a mild inverse relationship with the market, drifting lower in rallies and holding up during downturns.
Auto-correlation | -0.43 |
Modest reverse predictability
Comparing ProShares UltraShort's price behavior from 17th of December 2025 to 31st of January 2026 with the period from 31st of January 2026 to 17th of March 2026 produces modest reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of ProShares UltraShort Euro may be projected. The coefficient of -0.43 links just about 43.0% of ProShares UltraShort's present price action to its own historical movements. Given that ProShares UltraShort Euro has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Technical analysis for ProShares UltraShort examines price and volume behavior across market regimes. The analysis highlights moving averages, RSI, and price correlation signals across the etf cycle.
Technical Analysis
This analysis covers twenty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ProShares UltraShort Euro volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of ProShares UltraShort evaluates traded price structure, volume, and spread stability relative to NAV behavior. Mean-reversion patterns can emerge after volatility spikes.
Data shown for ProShares UltraShort Euro is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication cadence can introduce delays.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardProShares UltraShort Technical Indicators
A technical review of ProShares UltraShort Euro can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. Used correctly, technical indicators support timing and risk control but should still be validated against broader market and business context.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0509 | |||
| Market Risk Adjusted Performance | -0.49 | |||
| Mean Deviation | 0.5925 | |||
| Semi Deviation | 0.8537 | |||
| Downside Deviation | 0.9727 | |||
| Coefficient Of Variation | 1583.8 | |||
| Standard Deviation | 0.8314 | |||
| Variance | 0.6912 | |||
| Information Ratio | 0.083 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | 0.07 | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | -0.50 | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | -1.42 | |||
| Potential Upside | 1.47 | |||
| Downside Variance | 0.9462 | |||
| Semi Variance | 0.7289 | |||
| Expected Short fall | -0.55 | |||
| Skewness | -0.36 | |||
| Kurtosis | 1.13 |
ProShares UltraShort Euro One Year Return
ProShares UltraShort's One Year Return of -5.6% compares 67.02% above the ProShares family. Relative to the Trading--Miscellaneous category, the figure is notably below. The all United States etfs average is notably above ProShares UltraShort's level.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.March 17, 2026 Daily Trend Indicators
A technical review of ProShares UltraShort Euro can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. Used correctly, technical indicators support timing and risk control but should still be validated against broader market and business context.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | -Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 29.68 | ||
| Day Typical Price | 29.68 | ||
| Price Action Indicator | -0.06 |
More Resources for ProShares Etf Analysis
Reviewing ProShares UltraShort Euro commonly begins with financial statements and performance trends. Financial ratios provide a structured lens for assessing ProShares UltraShort's profitability and growth trends. Below are reports that help frame ProShares UltraShort Euro Etf in context:Review Investing Opportunities to understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This suggests a position in ProShares UltraShort Euro within the allocation view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.ProShares UltraShort analysis should be read alongside other portfolio and risk tools before reallocating capital. A thorough ProShares UltraShort review pairs this page with the quantitative and comparative resources listed below. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of ProShares UltraShort Euro is measured differently than book value, which reflects ProShares accounting equity. Intrinsic value represents an estimate of underlying worth and can differ from both market price and book value. Valuation methods compare these perspectives to frame context.
Note that ProShares UltraShort's intrinsic value and market price are different measures derived from different inputs. Analysis often considers earnings, revenue quality, fundamentals, technical signals, competition, and analyst coverage. Where ProShares UltraShort trades at any moment depends on the balance of buying and selling pressure.