Anydrus Advantage Market Risk Adjusted Performance

NDOW Etf   28.89  0.22  0.77%   
Anydrus Advantage market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Anydrus Advantage ETF 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
Anydrus Advantage ETF has current Market Risk Adjusted Performance of 0.2409.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.2409
ER[a] = Expected return on investing in Anydrus Advantage
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Anydrus Advantage Market Risk Adjusted Performance Peers Comparison

Anydrus Market Risk Adjusted Performance Relative To Other Indicators

Anydrus Advantage ETF is regarded fourth 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  7.10  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Anydrus Advantage ETF is roughly  7.10 
Compare Anydrus Advantage to Peers

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