why is my ping so high?

[supermonk]

curious as to why my in-game ping (51) is relatively higher than my speedtest results? do my graphics settings play a part? what steps can be done to reduce ping? I already have EQ as high priority setting in my network, don't connect devices unless necessary, don't run unnecessary programs while playing game.

my speedtest results are:
ping: 11
upload/download: 111/105