Satrix 40 Risk Adjusted Performance

STX40 Etf   7,651  21.00  0.27%   
Satrix 40 risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Satrix 40 ETF 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
  
Satrix 40 ETF has current Risk Adjusted Performance of 0.0342.

RAP

 = 

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

RFR

 = 
0.0342
ER[a] = Expected return on investing in Satrix 40
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Satrix 40 Risk Adjusted Performance Peers Comparison

Satrix Risk Adjusted Performance Relative To Other Indicators

Satrix 40 ETF is rated below average in risk adjusted performance as compared to similar ETFs. It is rated below average in maximum drawdown as compared to similar ETFs reporting about  103.87  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Satrix 40 ETF is roughly  103.87 
Compare Satrix 40 to Peers

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