RBB Fund Skewness
| TMFS ETF | | | USD 35.27 0.81 2.35% |
Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average. Below is RBB Fund's current Skewness with peer comparisons and related risk metrics.
Current Skewness Value
RBB Fund's Skewness of 0.1968 reflects near-symmetric return distribution. RBB Fund's positive and negative returns are roughly balanced in frequency and magnitude.
Skewness Peers Comparison
RBB Fund falls below the 0.33 peer average for Skewness. Defiance Daily Target leads at 2.27 while ProShares Ultra Oil registers the lowest at -0.8.
Skewness Relative To Other Indicators
The chart below plots Skewness against Maximum Drawdown for RBB Fund and its peers. Each point represents one equity — position along the horizontal axis shows Skewness 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.
Comparing Skewness (
0.20 ) to Maximum Drawdown (
5.23 ) for RBB Fund yields a
26.57 multiple. This indicates Maximum Drawdown substantially exceeds Skewness for RBB Fund.
Methodology, Assumptions & Data Sources
The current Skewness for RBB Fund is 0.1968. Skewness for RBB Fund is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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