IQ MacKay Market Risk Adjusted Performance

MMIT Etf  USD 24.33  0.05  0.21%   
IQ MacKay market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for IQ MacKay Municipal 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
  
IQ MacKay Municipal has current Market Risk Adjusted Performance of 0.0146.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.0146
ER[a] = Expected return on investing in IQ MacKay
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

IQ MacKay Market Risk Adjusted Performance Peers Comparison

MMIT Market Risk Adjusted Performance Relative To Other Indicators

IQ MacKay Municipal is regarded third largest 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  99.03  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for IQ MacKay Municipal is roughly  99.03 
Compare IQ MacKay to Peers

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