Themes Airlines Risk Adjusted Performance

AIRL Etf   31.08  0.52  1.70%   
Themes Airlines risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Themes Airlines 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 Equity Screeners to view more equity screening tools
  
Themes Airlines ETF has current Risk Adjusted Performance of 0.242.

RAP

 = 

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

RFR

 = 
0.242
ER[a] = Expected return on investing in Themes Airlines
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Themes Airlines Risk Adjusted Performance Peers Comparison

Themes Risk Adjusted Performance Relative To Other Indicators

Themes Airlines ETF is the top 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  25.58  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Themes Airlines ETF is roughly  25.58 
Compare Themes Airlines to Peers

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