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 Equity Screeners for broader screening context. Use 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
Compare ProShares Short to Peers

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