ProShares Short Market Risk Adjusted Performance
| MYY Etf | | | USD 16.99 0.07 0.41% |
ProShares Short market risk adjusted performance lookup summarizes this and related technical indicators for ProShares Short MidCap400. Coverage varies by data normalization and availability; see
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Correlation Analysis to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in ProShares Short MidCap400 within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
ProShares Short MidCap400 has current Market Risk Adjusted Performance of 0.0563.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0563 | |
| ER[a] | = | Expected return on investing in ProShares Short |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
ProShares Short Market Risk Adjusted Performance Peers Comparison
ProShares Market Risk Adjusted Performance Relative To Other Indicators
ProShares Short MidCap400 is rated
below average. in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
82.04 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for ProShares Short MidCap400 is roughly
82.04
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