FFLS Etf | | | 23.82 0.03 0.13% |
Northern Lights market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Northern Lights 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
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Northern Lights has current Market Risk Adjusted Performance of 0.1961.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1961 | |
ER[a] | = | Expected return on investing in Northern Lights |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BETA | = | Beta of the asset with market or selected benchmark. |
Northern Lights Market Risk Adjusted Performance Peers Comparison
Northern Market Risk Adjusted Performance Relative To Other Indicators
Northern Lights is rated
# 3 ETF in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
14.84 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Northern Lights is roughly
14.84
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