Direxion Shares Risk Adjusted Performance

QQQU Etf   42.68  1.07  2.57%   
Direxion Shares risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Direxion Shares 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 Equity Screeners to view more equity screening tools
  
Direxion Shares ETF has current Risk Adjusted Performance of 0.1361.

RAP

 = 

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

RFR

 = 
0.1361
ER[a] = Expected return on investing in Direxion Shares
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Direxion Shares Risk Adjusted Performance Peers Comparison

Direxion Risk Adjusted Performance Relative To Other Indicators

Direxion Shares ETF is presently regarded as 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  98.43  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Direxion Shares ETF is roughly  98.43 
Compare Direxion Shares to Peers

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