ProShares Ultra Risk Adjusted Performance
| SAA ETF | | | USD 33.42 0.43 1.30% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is ProShares Ultra's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
A Risk Adjusted Performance of 0.1056 for ProShares Ultra signals positive but modest risk-adjusted return. ProShares Ultra has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1056 | |
Risk Adjusted Performance Peers Comparison
Among sector peers, ProShares Ultra's Risk Adjusted Performance of 0.1056 is above the 0.08 group average. The range runs from -0.0485 (Global X SAMPP) to 0.2009 (Matthews Emerging Markets). ProShares Ultra's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for ProShares Ultra and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance 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 Ultra's Maximum Drawdown of
11.20 runs about
106.10 times its Risk Adjusted Performance of
0.11 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for ProShares Ultra.
Methodology, Assumptions & Data Sources
The current Risk Adjusted Performance for ProShares Ultra is 0.1056. The Risk Adjusted Performance for ProShares Ultra is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators