ProShares UltraShort Risk Adjusted Performance

RXD Etf  USD 10.67  0.09  0.84%   
ProShares UltraShort risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for ProShares UltraShort Health or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
ProShares UltraShort Health has current Risk Adjusted Performance of 0.1368.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1368
ER[a] = Expected return on investing in ProShares UltraShort
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

ProShares UltraShort Risk Adjusted Performance Peers Comparison

ProShares Risk Adjusted Performance Relative To Other Indicators

ProShares UltraShort Health is presently regarded as number one ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  43.53  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for ProShares UltraShort Health is roughly  43.53 
Compare ProShares UltraShort to Peers

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