ProShares UltraShort MSCI Japan (EWV)

39.25 +0.47  +1.21%  May 25, 11:00PM Go Pro
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ProShares UltraShort MSCI Japan Beta: -1.258

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EWV Beta Range, Past 5 Years

Minimum -1.350 Jun 2011
Maximum -1.245 Jan 2012
Average -1.289

About Beta 60 Month

YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.

Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.

In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.

When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.

For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
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EWV News

Lessons From Japan?
Mar 26, 4:56AM
ProShares Announces ETF Reverse Share Split
Feb 27, 8:30AM Business Wire
The Great Japan Debate
Jan 23, 9:37AM
Inverse ETF's - $EFU $EUO $EWV $FXP $PSQ
about 173 days ago by TopDollaJay
Shocked Investor Blog: The Other Huge Elephant: S&P Threatens Japan Downgrade http://stks.co/1H8L > $EWJ $JGBS $JGBD $EWV $EEM
about 184 days ago by OptionsCommander
$ewv short Japan. New 30% stake by fund. $SPY
about 203 days ago by sugarlover
2.92% profit in $EWV -- exit Market On Close
about 242 days ago by ETFSwingTrader
Exit $EWV Market On Close today. Currently 2.3% profit. Trade#22 profitable, for 21/22 wins = 95.4%
about 242 days ago by ETFSwingTrader
With 2.35% profit approaching an Exit signal today for $EWV trade.
about 242 days ago by ETFSwingTrader
Our $EWV trade looks constructive - today's $EWJ doji a sign that this ETF is topping for now? (Will post chart later. )
about 243 days ago by ETFSwingTrader
Mkt weakening. $SKF currently 4.83% profit. Exit $SKF trade M.O.C. -- And remember to add 3% to $EWV trade.
about 243 days ago by ETFSwingTrader
If $EWJ remains higher than yesterday's close, add 3% to $EWV position Market On Close.
about 243 days ago by ETFSwingTrader
Bought 100 $EWJ Oct9puts at .14 -- a side position for comparison to $EWV trade.
about 244 days ago by ETFSwingTrader
Trade#22 - Open 2% position in $EWV Market On Close. (Short signal for $EWJ) #ETF
about 244 days ago by ETFSwingTrader
[$$] Hold Steady
Apr 07, 4:54PM
Leveraged and inverse ETFs are too risky
Apr 06, 10:16AM CNNMoney.com
Added to $EWV Japan 2X short as radiation within 20 miles not improving and Germany will take some business away over next 6 months imo.$$
about 439 days ago by Beanstocks
RT @PeterDylan Donating all money made on $EWV to relief effort in Japan. Anyone else in? $$
about 440 days ago by PeterDylan
Donating all money made on $EWV to relief effort in Japan.
about 440 days ago by PeterDylan
@NatchGreyes Had a trailing 5% stop on EWV and it stopped out this morning. I watched it go down then bought it again. $EWV
about 441 days ago by PeterDylan
#FF, Kudos, & wow @CapitalBanker who alerted The rise and fall of $EWV & $EZJ on 2/21. $EZJ profit $22 bucks, $EZJ $9.50. $EWJ
about 441 days ago by Shoofly7
$EWV could be worth looking at.
about 442 days ago by philip500
"FLY", weak % gain on $WNR...15% on $EWV
about 442 days ago by brandtrader
Commented on: "4 Ways to Play the Sovereign Debt Crisis" http://soc.li/MakdzyV $EWV $YCS $EWZ $BZF $GLD $GDX $SLV
about 741 days ago by SmartStops
$EWV on my watchlist next week for long entry.
about 881 days ago by dvk1970
Japan's stimulus stalls ... counting chickens ? http://bit.ly/76pNZo $EWJ $EWV
about 904 days ago by MyStockVoice
Anyone aware of an etf that is short Japan other than $EWV? This one is VERY illiquid.
about 950 days ago by clandersen
sold $ewv
about 959 days ago by wtschang
bought $fxp $ewv. sold $igw. holding $gaz $xlf $iyc $ptm $afk
about 970 days ago by wtschang

Recent Quotes

Symbol Price Chg Chg % Market Cap
EWV 39.25 +0.47 +1.21%
EWU 15.95 +0.16 +1.01%
EWQ 19.03 +0.30 +1.61%
EWP 22.14 -0.75 -3.28%
EWO 14.14 +0.05 +0.35%
EWL 22.73 +0.24 +1.07%
EWK 11.08 +0.03 +0.27%
GEO 22.25 +0.27 +1.23% 1.350B
GENE 5.49 +0.67 +13.90% 74.66M
GENC 7.15 +0.03 +0.42% 57.27M
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