| FNK Etf | | | USD 56.37 0.96 1.73% |
First Trust market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for First Trust Mid 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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First Trust Mid has current Market Risk Adjusted Performance of 0.0694.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0694 | |
| ER[a] | = | Expected return on investing in First Trust |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
First Trust Market Risk Adjusted Performance Peers Comparison
First Market Risk Adjusted Performance Relative To Other Indicators
First Trust Mid is rated
below average 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
93.83 of Maximum Drawdown per Market Risk Adjusted Performance.
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