Point Bridge Market Risk Adjusted Performance
| MAGA Etf | | | USD 53.65 0.04 0.07% |
Point Bridge market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Point Bridge GOP 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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Point Bridge GOP has current Market Risk Adjusted Performance of 0.1306.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1306 | |
| ER[a] | = | Expected return on investing in Point Bridge |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Point Bridge Market Risk Adjusted Performance Peers Comparison
Point Market Risk Adjusted Performance Relative To Other Indicators
Point Bridge GOP 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
24.70 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Point Bridge GOP is roughly
24.70
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