WisdomTree 9060 Market Risk Adjusted Performance
| NTSX ETF | | | USD 57.86 -0.36 -0.62% |
Market Risk-Adjusted Performance (MRAP) measures return relative to systematic risk (beta) rather than total risk (standard deviation). This isolates the return earned per unit of market exposure, filtering out idiosyncratic volatility that can be diversified away. Below is WisdomTree 9060's current Market Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Market Risk Adjusted Performance Value
WisdomTree 9060 has a Market Risk Adjusted Performance of 0.1316, indicating positive but modest risk-adjusted return. WisdomTree 9060 has produced a positive return relative to risk, though the margin is limited.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1316 | |
| ER[a] | = | Expected return on investing in WisdomTree 9060 |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Among sector peers, WisdomTree 9060's Market Risk Adjusted Performance of 0.1316 is below the 0.14 group average. The range runs from 0.0198 (Kovitz Core Equity) to 0.2098 (Direxion NASDAQ 100 Equal). WisdomTree 9060's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Market Risk Adjusted Performance Relative To Other Indicators
The chart below plots Market Risk Adjusted Performance against Maximum Drawdown for WisdomTree 9060 and its peers. Each point represents one equity — position along the horizontal axis shows Market Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
WisdomTree 9060's Maximum Drawdown of
4.21 runs about
31.99 times its Market Risk Adjusted Performance of
0.13 . This indicates Maximum Drawdown substantially exceeds Market Risk Adjusted Performance for WisdomTree 9060.
Methodology, Assumptions & Data Sources
The current Market Risk Adjusted Performance for WisdomTree 9060 is 0.1316. This Market Risk Adjusted Performance reading for WisdomTree 9060 results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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