ProShares Ultra Risk Adjusted Performance
| UYM ETF | | | USD 31.94 1.08 3.50% |
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
At 0.0575, ProShares Ultra exhibits positive but modest risk-adjusted return in Risk Adjusted Performance. ProShares Ultra has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0575 | |
Risk Adjusted Performance Peers Comparison
ProShares Ultra's Risk Adjusted Performance of 0.0575 falls below the 0.09 peer average. Values range from -0.0252 (Direxion Daily Retail) to 0.1607 (Clough Select Equity), with wide dispersion across the group. ProShares Ultra's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
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 shows nearly
171.90 of Maximum Drawdown per unit of Risk Adjusted Performance (
0.06 versus
9.88 ). This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for ProShares Ultra.
Methodology, Assumptions & Data Sources
ProShares Ultra has a current Risk Adjusted Performance reading of 0.0575. ProShares Ultra's Risk Adjusted Performance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for 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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