First Trust Market Risk Adjusted Performance
| CARZ Etf | | | USD 81.74 -0.26 -0.32% |
This technical indicator view for Market Risk Adjusted Performance organizes signals for First Trust S Network and comparable instruments. Availability can vary by instrument;
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First Trust S Network has current Market Risk Adjusted Performance of 0.082.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.082 | |
| ER[a] | = | Expected return on investing in First Trust |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
First Trust Market Risk Adjusted Performance Peers Comparison
First Market Risk Adjusted Performance Relative To Other Indicators
First Trust S Network is rated
fourth in market risk adjusted performance compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
97.98 of Maximum Drawdown per Market Risk Adjusted Performance. At
97.98 , First Trust S Network's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
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