Procure Space Risk Adjusted Performance

UFO Etf  USD 22.88  0.65  2.92%   
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Procure Space ETF has current Risk Adjusted Performance of 0.1422.

RAP

 = 

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

RFR

 = 
0.1422
ER[a] = Expected return on investing in Procure Space
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Procure Space Risk Adjusted Performance Peers Comparison

Procure Risk Adjusted Performance Relative To Other Indicators

Procure Space ETF is rated third in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  45.23  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Procure Space ETF is roughly  45.23 
Compare Procure Space to Peers

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