Bitwise Funds Market Risk Adjusted Performance

BITQ Etf  USD 20.38  -0.49  -2.35%   
Historical market data for Bitwise Funds Trust forms the basis of the Market Risk Adjusted Performance indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. Related indicator context is organized within Equity Screeners. Trending Equities provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Diversification analysis considers the interaction of positions within a portfolio. No forward-looking guarantees are expressed or implied by this data. This reflects a position in Bitwise Funds Trust. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
Bitwise Funds Trust has current Market Risk Adjusted Performance of 0.0856.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.0856
ER[a] = Expected return on investing in Bitwise Funds
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Market Risk Adjusted Performance Peers Comparison

Market Risk Adjusted Performance Relative To Other Indicators

Bitwise Funds Trust is ranked fourth for market risk adjusted performance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly 242.36 against Market Risk Adjusted Performance. Maximum Drawdown runs about 242.36 times Market Risk Adjusted Performance for Bitwise Funds Trust
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