NYLI MacKay Risk Adjusted Performance
| SECR ETF | | | 25.61 0.11 0.43% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is NYLI MacKay's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
At
-0.04, NYLI MacKay exhibits slightly negative risk-adjusted return in Risk Adjusted Performance. NYLI MacKay's return has marginally failed to compensate for the volatility experienced.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | -0.04 | |
Risk Adjusted Performance Peers Comparison
NYLI MacKay's Risk Adjusted Performance of -0.0414 falls below the 0.1 peer average. Values range from -0.0463 (John Hancock Exchange Traded) to 0.3203 (Innovator SAMPP 500), with wide dispersion across the group. NYLI MacKay's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for NYLI MacKay and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare NYLI MacKay to PeersMethodology, Assumptions & Data Sources
NYLI MacKay's Risk Adjusted Performance currently stands at -0.04. The Risk Adjusted Performance for NYLI MacKay applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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