| USMC Etf | | | USD 60.32 0.50 0.84% |
Principal Mega market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Principal Mega Cap 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
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Principal Mega Cap ETF has current Market Risk Adjusted Performance of 0.1852.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1852 | |
| ER[a] | = | Expected return on investing in Principal Mega |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Principal Mega Market Risk Adjusted Performance Peers Comparison
Principal Market Risk Adjusted Performance Relative To Other Indicators
Principal Mega Cap ETF is rated
first in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
17.78 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Principal Mega Cap ETF is roughly
17.78
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