Siren Nasdaq Market Risk Adjusted Performance
| BLCN Etf | | | USD 22.68 1.36 6.38% |
The Market Risk Adjusted Performance signal for Siren Nasdaq NexGen reflects patterns observed in trading data. The
Equity Screeners module supports multi-indicator technical analysis.
Trending Equities provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. This reflects a position in Siren Nasdaq NexGen. It is distributed 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 discontinued.
Siren Nasdaq NexGen has current Market Risk Adjusted Performance of
-0.12.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.12 | |
| ER[a] | = | Expected return on investing in Siren Nasdaq |
| 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
Siren Nasdaq NexGen is rated
below average in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
Other Technical Indicators