NewWave USD Market Risk Adjusted Performance

NEWUSD Etf   1,821  14.00  0.76%   
NewWave USD market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for NewWave USD Currency 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
  
NewWave USD Currency has current Market Risk Adjusted Performance of (0.06).

MRAP

 = 

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

X

ER[a] - RFR)

 = 
(0.06)
ER[a] = Expected return on investing in NewWave USD
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

NewWave USD Market Risk Adjusted Performance Peers Comparison

NewWave Market Risk Adjusted Performance Relative To Other Indicators

NewWave USD Currency is rated below average in market risk adjusted performance as compared to similar ETFs. It is rated below average in maximum drawdown as compared to similar ETFs .
Compare NewWave USD to Peers

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