Direxion Daily Risk Adjusted Performance

METU Etf   31.14  0.49  1.55%   
Direxion Daily risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Direxion Daily META 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
  
Direxion Daily META has current Risk Adjusted Performance of 0.0422.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0422
ER[a] = Expected return on investing in Direxion Daily
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Direxion Daily Risk Adjusted Performance Peers Comparison

Direxion Risk Adjusted Performance Relative To Other Indicators

Direxion Daily META is regarded second largest ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  390.52  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Direxion Daily META is roughly  390.52 
Compare Direxion Daily to Peers

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