YieldMax Gold Market Risk Adjusted Performance

GDXY Etf   16.93  0.04  0.24%   
YieldMax Gold market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for YieldMax Gold Miners 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
YieldMax Gold Miners has current Market Risk Adjusted Performance of 0.351.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.351
ER[a] = Expected return on investing in YieldMax Gold
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

YieldMax Gold Market Risk Adjusted Performance Peers Comparison

YieldMax Market Risk Adjusted Performance Relative To Other Indicators

YieldMax Gold Miners is rated # 2 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  33.53  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for YieldMax Gold Miners is roughly  33.53 
Compare YieldMax Gold to Peers

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