ProShares Ultra Total Risk Alpha
| MVV Etf | | | USD 74.84 1.46 1.99% |
The Total Risk Alpha lookup presents technical context for ProShares Ultra MidCap400 and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context.
Correlation Analysis provides context for diversified portfolio design. Clearer exposure analysis supports long-term portfolio balance. The allocation includes a position in ProShares Ultra MidCap400 in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in private.
ProShares Ultra MidCap400 has current Total Risk Alpha of 0.0957. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0957 | |
| ER[a] | = | Expected return on investing in ProShares Ultra |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ProShares Ultra |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
ProShares Ultra Total Risk Alpha Peers Comparison
ProShares Total Risk Alpha Relative To Other Indicators
ProShares Ultra MidCap400 maintains a
second in Total Risk Alpha in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
104.40 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for ProShares Ultra MidCap400 is roughly
104.40 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.