2023 EFT Risk Adjusted Performance

BUSA Etf   33.93  0.02  0.06%   
2023 EFT risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for 2023 EFT Series 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
  
2023 EFT Series has current Risk Adjusted Performance of 0.1107.

RAP

 = 

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

RFR

 = 
0.1107
ER[a] = Expected return on investing in 2023 EFT
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

2023 EFT Risk Adjusted Performance Peers Comparison

2023 Risk Adjusted Performance Relative To Other Indicators

2023 EFT Series is rated below average in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  41.39  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for 2023 EFT Series is roughly  41.39 
Compare 2023 EFT to Peers

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