Ultra Etf Buy Hold or Sell Recommendation

ULE
 Etf
  

USD 10.51  0.04  0.38%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Ultra Euro ETF is 'Strong Hold'. Macroaxis provides Ultra Euro buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ULE positions. The advice algorithm takes into account all of Ultra Euro's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Ultra Euro's buy-and-hold perspective. Also, please take a look at Ultra Euro 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. We conduct extensive research on individual funds such as Ultra and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Ultra Euro ETF.

Execute Ultra Euro Buy or Sell Advice

The Ultra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ultra Euro ETF. Macroaxis does not own or have any residual interests in Ultra Euro ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ultra Euro's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ultra EuroBuy Ultra Euro
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Ultra Euro ETF has a Risk Adjusted Performance of 0.0889, Jensen Alpha of 0.071, Total Risk Alpha of 0.06, Sortino Ratio of 0.0403 and Treynor Ratio of 0.1299
Our advice tool can cross-verify current analyst consensus on Ultra Euro and to analyze the entity potential to grow in the current economic cycle. Please use Ultra Euro ETF total asset and ten year return to make buy, hold, or sell decision on Ultra Euro.

Ultra Euro Trading Alerts and Improvement Suggestions

Ultra Euro ETF has high likelihood to experience some financial distress in the next 2 years
This fund generated-8.0 ten year return of -8.0%
Ultra Euro keeps all of the net assets in exotic instruments

Ultra Euro Returns Distribution Density

The distribution of Ultra Euro's historical returns is an attempt to chart the uncertainty of Ultra Euro's future price movements. The chart of the probability distribution of Ultra Euro stock daily returns describes the distribution of returns around its average expected value. We use Ultra Euro ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ultra Euro returns is essential to provide solid investment advice for Ultra Euro.
Mean Return0.1Value At Risk-2.28
Potential Upside3.13Standard Deviation1.58
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ultra Euro 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.

Ultra Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ultra Euro is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ultra Euro ETF backward and forwards among themselves. Ultra Euro's institutional investor refers to the entity that pools money to purchase Ultra Euro's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Virtu Financial LlcFund Units12.4 K188 K
Note, although Ultra Euro's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ultra Euro 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 Ultra Euro 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 Ultra Euro'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 Ultra 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
0.07
β
Beta against DOW0.68
σ
Overall volatility
1.62
Ir
Information ratio 0.0397

Ultra Euro Volatility Alert

Ultra Euro ETF has relatively low volatility with skewness of 0.41 and kurtosis of 0.15. However, we advise all investors to independently investigate Ultra Euro ETF to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ultra Euro'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 Ultra Euro'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 stocks as prices fall.

Ultra Euro Fundamentals Vs Peers

Comparing Ultra Euro'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 Ultra Euro's direct or indirect competition across all of the common fundamentals between Ultra Euro and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ultra Euro or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Ultra Euro's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ultra Euro by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ultra Euro to competition
FundamentalsUltra EuroPeer Average
One Year Return(29.42) %(0.97) %
Three Year Return(10.09) %3.23 %
Five Year Return(10.38) %1.12 %
Ten Year Return(8.33) %1.20 %
Net Asset13.39 M2.29 B

Ultra Euro Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ultra . 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 Ultra Euro Buy or Sell Advice

When is the right time to buy or sell Ultra Euro ETF? Buying financial instruments such as Ultra 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 Ultra Euro 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?

Run Investing Thematic Idea Now

Investing
Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 40 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 Investing Theme or any other thematic opportunities.
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Also, please take a look at Ultra Euro 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Ultra Euro ETF price analysis, check to measure Ultra Euro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultra Euro is operating at the current time. Most of Ultra Euro's value examination focuses on studying past and present price action to predict the probability of Ultra Euro's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ultra Euro's price. Additionally, you may evaluate how the addition of Ultra Euro to your portfolios can decrease your overall portfolio volatility.
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The market value of Ultra Euro ETF is measured differently than its book value, which is the value of Ultra that is recorded on the company's balance sheet. Investors also form their own opinion of Ultra Euro's value that differs from its market value or its book value, called intrinsic value, which is Ultra Euro'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 Ultra Euro's market value can be influenced by many factors that don't directly affect Ultra Euro'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 Ultra Euro's value and its price as these two are different measures arrived at by different means. Investors typically determine Ultra Euro value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultra Euro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.