ProShares Online Standard Deviation
| ONLN ETF | | | USD 60.30 0.85 1.43% |
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 Online's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
The current Standard Deviation of 1.79 places ProShares Online at moderate price variability. This places ProShares Online within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 1.79 | |
Standard Deviation Peers Comparison
ProShares Online's Standard Deviation of 1.79 falls above the 1.23 peer average. Values range from 0.4965 (Pacer Funds Trust) to 2.41 (Amplify Lithium Battery), with wide dispersion across the group. ProShares Online 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 Online 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.
ProShares Online shows nearly
3.53 of Maximum Drawdown per unit of Standard Deviation (
1.79 versus
6.32 ). This indicates Maximum Drawdown is significantly higher than Standard Deviation for ProShares Online.
Methodology, Assumptions & Data Sources
ProShares Online's Standard Deviation currently stands at 1.79. Standard Deviation for ProShares Online is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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