NEXT FUNDS Risk Adjusted Performance

00935 Etf   21.67  0.20  0.91%   
NEXT FUNDS risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for NEXT FUNDS or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
NEXT FUNDS has current Risk Adjusted Performance of 0.0047.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0047
ER[a] = Expected return on investing in NEXT FUNDS
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

NEXT FUNDS Risk Adjusted Performance Peers Comparison

-0.06540.00470.0330-0.06050.0000100%

NEXT Risk Adjusted Performance Relative To Other Indicators

NEXT FUNDS is fifth largest ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  1,496  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for NEXT FUNDS is roughly  1,496 
JavaScript chart by amCharts 3.21.1500635U00648R00772B00673R00668K0070100935 012345678 -0.0500.050.10
Compare NEXT FUNDS to Peers

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