Purpose Bitcoin Risk Adjusted Performance

BTCY Etf   8.41  0.26  3.00%   
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Purpose Bitcoin Yield has current Risk Adjusted Performance of 0.1643.

RAP

 = 

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

RFR

 = 
0.1643
ER[a] = Expected return on investing in Purpose Bitcoin
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Purpose Bitcoin Risk Adjusted Performance Peers Comparison

Purpose Risk Adjusted Performance Relative To Other Indicators

Purpose Bitcoin Yield is third 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  97.20  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Purpose Bitcoin Yield is roughly  97.20 
Compare Purpose Bitcoin to Peers

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