3EDGE Dynamic Risk Adjusted Performance
| EDGF ETF | | | 24.79 -0.02 -0.08% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is 3EDGE Dynamic's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
At 0.0032, 3EDGE Dynamic's Risk Adjusted Performance indicates positive but modest risk-adjusted return. 3EDGE Dynamic has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0032 | |
Risk Adjusted Performance Peers Comparison
Among sector peers, 3EDGE Dynamic's Risk Adjusted Performance of 0.0032 is below the 0.06 group average. The range runs from -0.0503 (BondBloxx ETF Trust) to 0.1938 (STF Tactical Growth). 3EDGE Dynamic's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for 3EDGE Dynamic and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
3EDGE Dynamic records a Risk Adjusted Performance of
0.00 and a Maximum Drawdown of
0.53 , yielding roughly
164.22 units of Maximum Drawdown per Risk Adjusted Performance. This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for 3EDGE Dynamic.
Methodology, Assumptions & Data Sources
3EDGE Dynamic's Risk Adjusted Performance currently stands at 0.0032. Risk Adjusted Performance for 3EDGE Dynamic is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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