PGIM ETF Risk Adjusted Performance

PAAA Etf   51.35  0.02  0.04%   
PGIM ETF risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for PGIM ETF Trust 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
  
PGIM ETF Trust has current Risk Adjusted Performance of 0.382.

RAP

 = 

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

RFR

 = 
0.382
ER[a] = Expected return on investing in PGIM ETF
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

PGIM ETF Risk Adjusted Performance Peers Comparison

PGIM Risk Adjusted Performance Relative To Other Indicators

PGIM ETF Trust is rated number one 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  0.51  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Risk Adjusted Performance to Maximum Drawdown for PGIM ETF Trust is roughly  1.94 
Compare PGIM ETF to Peers

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