MKAM ETF Risk Adjusted Performance
| MKAM ETF | | | 31.37 0.13 0.42% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is MKAM ETF's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
MKAM ETF's Risk Adjusted Performance of 0.082 reflects positive but modest risk-adjusted return. MKAM ETF has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.082 | |
Risk Adjusted Performance Peers Comparison
MKAM ETF falls above the 0.08 peer average for Risk Adjusted Performance. US Global Technology leads at 0.1905 while Amplify SILJ Junior registers the lowest at -0.0316. MKAM ETF's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for MKAM ETF and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
MKAM ETF shows nearly
24.74 of Maximum Drawdown per unit of Risk Adjusted Performance (
0.08 versus
2.03 ). This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for MKAM ETF.
Methodology, Assumptions & Data Sources
MKAM ETF has a current Risk Adjusted Performance reading of 0.082. The Risk Adjusted Performance for MKAM ETF applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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