StockSnips Risk Adjusted Performance

NEWZ Etf   29.84  0.14  0.47%   
StockSnips risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for StockSnips AI Powered Sentiment 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
  
StockSnips AI Powered Sentiment has current Risk Adjusted Performance of 0.1137.

RAP

 = 

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

RFR

 = 
0.1137
ER[a] = Expected return on investing in StockSnips
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

StockSnips Risk Adjusted Performance Peers Comparison

StockSnips Risk Adjusted Performance Relative To Other Indicators

StockSnips AI Powered Sentiment 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  45.72  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for StockSnips AI Powered Sentiment is roughly  45.72 
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