ProShares Short Coefficient Of Variation
| RWM ETF | | | USD 14.06 -0.21 -1.47% |
Coefficient of Variation (CV) is a normalized measure of dispersion that relates volatility to expected return, making it a useful indicator of risk per unit of return. It is also referred to as relative standard deviation when expressed as a percentage. Below is ProShares Short's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
The current Coefficient Of Variation of
-1,059 places ProShares Short at that ProShares Short's expected return over the measured period is negative, meaning volatility is not being compensated by positive performance. The magnitude of this value is unusually large in absolute terms, suggesting an unstable or weak relationship between risk and return, often driven by low or near-zero expected returns.
Coefficient Of Variation | = | STDER |
| = | -1,059 | |
Coefficient Of Variation Peers Comparison
ProShares Short's Coefficient Of Variation of -1059.1425 falls below the 4823.99 peer average. Values range from -3398.4674 (iShares MSCI China) to 36547.61 (ProShares Short Dow30), with wide dispersion across the group. Relative to peers, ProShares Short's current CV suggests a less favorable risk-return profile over the measured period, as volatility has not translated into positive expected returns.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for ProShares Short and its peers. Each point represents one equity — position along the horizontal axis shows Coefficient Of Variation 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.
Compare ProShares Short to PeersMethodology, Assumptions & Data Sources
ProShares Short's Coefficient Of Variation currently stands at -1,059. The Coefficient Of Variation for ProShares Short applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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