Purpose Multi Risk Adjusted Performance

PMM Etf  CAD 24.52  0.03  0.12%   
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Purpose Multi Strategy Market has current Risk Adjusted Performance of 0.1378.

RAP

 = 

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

RFR

 = 
0.1378
ER[a] = Expected return on investing in Purpose Multi
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Purpose Multi Risk Adjusted Performance Peers Comparison

Purpose Risk Adjusted Performance Relative To Other Indicators

Purpose Multi Strategy Market is regarded second 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  20.70  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Purpose Multi Strategy Market is roughly  20.70 
Compare Purpose Multi to Peers

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