Tradr 2X Market Risk Adjusted Performance

APPX Etf   37.35  1.44  4.01%   
This technical indicator view for Market Risk Adjusted Performance organizes signals for Tradr 2X Long and comparable instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Review Trending Equities to understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This suggests a position in Tradr 2X Long across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Tradr 2X Long has current Market Risk Adjusted Performance of -0.24.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
-0.24
ER[a] = Expected return on investing in Tradr 2X
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Tradr 2X Market Risk Adjusted Performance Peers Comparison

Tradr Market Risk Adjusted Performance Relative To Other Indicators

Tradr 2X Long is rated below average in market risk adjusted performance compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs .
Compare Tradr 2X to Peers

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