GraniteShares Risk Adjusted Performance

3LBC Etf   10,168  292.50  2.96%   
GraniteShares risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for GraniteShares 3x Long 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
  
GraniteShares 3x Long has current Risk Adjusted Performance of 0.1198.

RAP

 = 

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

RFR

 = 
0.1198
ER[a] = Expected return on investing in GraniteShares
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

GraniteShares Risk Adjusted Performance Peers Comparison

GraniteShares Risk Adjusted Performance Relative To Other Indicators

GraniteShares 3x Long is second 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  174.83  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for GraniteShares 3x Long is roughly  174.83 
Compare GraniteShares to Peers

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