Direxion Risk Adjusted Performance

KLNE Etf  USD 6.28  0.06  0.95%   
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Direxion has current Risk Adjusted Performance of 0.0354.

RAP

 = 

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

RFR

 = 
0.0354
ER[a] = Expected return on investing in Direxion
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Direxion Risk Adjusted Performance Peers Comparison

Direxion Risk Adjusted Performance Relative To Other Indicators

Direxion is rated second overall 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  445.32  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Direxion is roughly  445.32 

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