| QLTY Etf | | | 33.62 0.38 1.14% |
2023 ETF market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for The 2023 ETF 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
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The 2023 ETF has current Market Risk Adjusted Performance of 0.2117.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2117 | |
| ER[a] | = | Expected return on investing in 2023 ETF |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
2023 ETF Market Risk Adjusted Performance Peers Comparison
2023 Market Risk Adjusted Performance Relative To Other Indicators
The 2023 ETF is rated
second 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
21.60 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for The 2023 ETF is roughly
21.60
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