RiverNorth Flexible Risk Adjusted Performance

RFM Etf  USD 15.89  0.17  1.08%   
RiverNorth Flexible risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for RiverNorth Flexible Municipalome 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
  
RiverNorth Flexible Municipalome has current Risk Adjusted Performance of 0.0422.

RAP

 = 

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

RFR

 = 
0.0422
ER[a] = Expected return on investing in RiverNorth Flexible
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

RiverNorth Flexible Risk Adjusted Performance Peers Comparison

RiverNorth Risk Adjusted Performance Relative To Other Indicators

RiverNorth Flexible Municipalome 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  53.41  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for RiverNorth Flexible Municipalome is roughly  53.41 
Compare RiverNorth Flexible to Peers

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