SavvyShort Shopify Risk Adjusted Performance

SHPD Etf   23.04  0.70  2.95%   
SavvyShort Shopify risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for SavvyShort Shopify 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
  
SavvyShort Shopify ETF has current Risk Adjusted Performance of 0.1113.

RAP

 = 

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

RFR

 = 
0.1113
ER[a] = Expected return on investing in SavvyShort Shopify
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

SavvyShort Shopify Risk Adjusted Performance Peers Comparison

SavvyShort Risk Adjusted Performance Relative To Other Indicators

SavvyShort Shopify ETF is rated fifth 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  333.93  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for SavvyShort Shopify ETF is roughly  333.93 
Compare SavvyShort Shopify to Peers

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