FIRST TRUST Risk Adjusted Performance

NXTU Etf   31.37  0.05  0.16%   
FIRST TRUST risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for FIRST TRUST INDXX 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
  
FIRST TRUST INDXX has current Risk Adjusted Performance of 0.0562.

RAP

 = 

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

RFR

 = 
0.0562
ER[a] = Expected return on investing in FIRST TRUST
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

FIRST TRUST Risk Adjusted Performance Peers Comparison

FIRST Risk Adjusted Performance Relative To Other Indicators

FIRST TRUST INDXX is regarded fifth largest ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  62.75  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for FIRST TRUST INDXX is roughly  62.75 
Compare FIRST TRUST to Peers

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