ABSA NEW Risk Adjusted Performance

NEWGOLDETF   3,220  0.00  0.00%   
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ABSA NEW GOLD has current Risk Adjusted Performance of 0.1265.

RAP

 = 

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

RFR

 = 
0.1265
ER[a] = Expected return on investing in ABSA NEW
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

ABSA NEW Risk Adjusted Performance Peers Comparison

ABSA Risk Adjusted Performance Relative To Other Indicators

ABSA NEW GOLD is regarded second in risk adjusted performance category among its peers. It is regarded third in maximum drawdown category among its peers reporting about  50.96  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for ABSA NEW GOLD is roughly  50.96 
Compare ABSA NEW to Peers

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