Virtus Newfleet Market Risk Adjusted Performance

NFLT Etf  USD 22.73  0.01  0.04%   
Virtus Newfleet market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Virtus Newfleet Multi Sector 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
  
Virtus Newfleet Multi Sector has current Market Risk Adjusted Performance of 0.1707.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.1707
ER[a] = Expected return on investing in Virtus Newfleet
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Virtus Newfleet Market Risk Adjusted Performance Peers Comparison

Virtus Market Risk Adjusted Performance Relative To Other Indicators

Virtus Newfleet Multi Sector 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  7.03  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Virtus Newfleet Multi Sector is roughly  7.03 
Compare Virtus Newfleet to Peers

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