ProShares UltraPro Total Risk Alpha
| SRTY Etf | | | USD 40.79 -0.80 -1.92% |
The Total Risk Alpha profile for ProShares UltraPro Short is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
Equity Screeners. Review
World Market Map to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. Portfolio construction reflects how positions are combined across holdings. All figures are presented for informational review and are not prescriptive. A position in ProShares UltraPro Short is part of the allocation. It is reflected in the overall portfolio structure. How positions are weighted depends on the construction approach used. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in real.
ProShares UltraPro Short has current Total Risk Alpha of 0.5266. 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] |
| = | 0.5266 | |
| ER[a] | = | Expected return on investing in ProShares UltraPro |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ProShares UltraPro |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
ProShares UltraPro Short is rated
fourth in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
30.99 of Maximum Drawdown per Total Risk Alpha. At
30.99 , ProShares UltraPro Short's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare ProShares UltraPro to Peers
Other Technical Indicators