First Asset Market Risk Adjusted Performance

VXM Etf  CAD 33.37  0.07  0.21%   
First Asset market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for First Asset Morningstar 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
  
First Asset Morningstar has current Market Risk Adjusted Performance of 0.0333.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.0333
ER[a] = Expected return on investing in First Asset
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

First Asset Market Risk Adjusted Performance Peers Comparison

First Market Risk Adjusted Performance Relative To Other Indicators

First Asset Morningstar is rated below average 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  105.49  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for First Asset Morningstar is roughly  105.49 
Compare First Asset to Peers

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