ProShares UltraPro Standard Deviation
| SMDD ETF | | | USD 8.66 0.29 3.46% |
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 UltraPro's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
With Standard Deviation at 3.5, ProShares UltraPro shows moderate price variability. This places ProShares UltraPro within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 3.5 | |
Standard Deviation Peers Comparison
ProShares UltraPro's Standard Deviation of 3.5 falls above the 3.18 peer average. Values range from 1.14 (ProShares Decline of) to 8.25 (Leverage Shares 2X), with wide dispersion across the group. ProShares UltraPro 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 UltraPro 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.
With Standard Deviation at
3.50 and Maximum Drawdown at
16.06 , ProShares UltraPro shows a
4.59 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Standard Deviation for ProShares UltraPro.
Methodology, Assumptions & Data Sources
ProShares UltraPro's Standard Deviation currently stands at 3.5. Standard Deviation for ProShares UltraPro is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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