ProShares Standard Deviation
| OILK ETF | | | USD 55.85 -2.91 -4.95% |
The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Below is ProShares's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
ProShares carries a Standard Deviation of 2.22, consistent with moderate price variability. This places ProShares within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 2.22 | |
Standard Deviation Peers Comparison
Among sector peers, ProShares's Standard Deviation of 2.22 is above the 1.11 group average. The range runs from 0.2419 (Innovator ETFs Trust) to 2.02 (YieldMax Semiconductor Portfolio). ProShares has exhibited greater price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for ProShares and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
The Maximum Drawdown-to-Standard Deviation ratio for ProShares sits near
4.88 , with Standard Deviation at
2.22 and Maximum Drawdown at
10.83 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for ProShares.
Methodology, Assumptions & Data Sources
ProShares has a current Standard Deviation reading of 2.22. The Standard Deviation for ProShares is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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