First Trust Market Risk Adjusted Performance
| FDEC Etf | | | USD 49.52 -0.55 -1.10% |
The Market Risk Adjusted Performance indicator for First Trust Exchange Traded is derived from observed market data. The calculation draws on time-series market data across available periods.
Investing Opportunities provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. The portfolio structure determines how individual positions contribute to the whole. This suggests a position in First Trust Exchange Traded. The position sits inside the allocation mix. Position sizing reflects the allocation methodology applied to the portfolio. The data shown is informational and should not be interpreted as guidance. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
First Trust Exchange Traded has current Market Risk Adjusted Performance of
-0.07.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.07 | |
| 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. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
First Trust Exchange Traded is rated
below average for market risk adjusted performance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs .
Other Technical Indicators