NewWave GBP Risk Adjusted Performance

NEWGBP Etf   2,362  1.00  0.04%   
NewWave GBP risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for NewWave GBP Currency 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
  
NewWave GBP Currency has current Risk Adjusted Performance of 0.0311.

RAP

 = 

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

RFR

 = 
0.0311
ER[a] = Expected return on investing in NewWave GBP
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

NewWave GBP Risk Adjusted Performance Peers Comparison

NewWave Risk Adjusted Performance Relative To Other Indicators

NewWave GBP Currency is rated below average in risk adjusted performance as compared to similar ETFs. It is regarded fifth largest ETF in maximum drawdown as compared to similar ETFs reporting about  151.93  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for NewWave GBP Currency is roughly  151.93 
Compare NewWave GBP to Peers

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