Horizon Flexible Market Risk Adjusted Performance

FLXN Etf  USD 25.39  0.69  2.65%   
Horizon Flexible market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Horizon Flexible Income 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
Horizon Flexible Income has current Market Risk Adjusted Performance of 0.1139.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.1139
ER[a] = Expected return on investing in Horizon Flexible
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Horizon Flexible Market Risk Adjusted Performance Peers Comparison

Horizon Market Risk Adjusted Performance Relative To Other Indicators

Horizon Flexible Income 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  14.04  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Horizon Flexible Income is roughly  14.04 
Compare Horizon Flexible to Peers

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