ProShares Ultra Standard Deviation
| UYM ETF | | | USD 30.67 -1.27 -3.98% |
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 Ultra's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
The current Standard Deviation of 2.51 places ProShares Ultra at moderate price variability. This places ProShares Ultra within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 2.51 | |
Standard Deviation Peers Comparison
ProShares Ultra's Standard Deviation of 2.51 falls above the 2.25 peer average. Values range from 0.7563 (JPMorgan Flexible Income) to 3.8 (Direxion Daily Retail), with wide dispersion across the group. ProShares Ultra 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 Ultra 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.
ProShares Ultra shows nearly
4.07 of Maximum Drawdown per unit of Standard Deviation (
2.51 versus
10.19 ). This indicates Maximum Drawdown is significantly higher than Standard Deviation for ProShares Ultra.
Methodology, Assumptions & Data Sources
The current Standard Deviation for ProShares Ultra is 2.51. The Standard Deviation for ProShares Ultra applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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