First Trust Market Risk Adjusted Performance
| FDN Etf | | | USD 237.28 -5.00 -2.06% |
The Market Risk Adjusted Performance reading for First Trust Dow is computed from historical trading observations. Indicator reliability depends on the continuity of available trading data. Review
Investing Opportunities to understand diversified portfolio construction. This information is provided for contextual purposes. First Trust Dow can be evaluated within a portfolio framework for weight and risk impact. This information is provided for contextual purposes. Broader economic conditions can influence First Trust Dow's etf valuation — related indicators include
signals in unemployment.
First Trust Dow has current Market Risk Adjusted Performance of
-0.16.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.16 | |
| 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 Dow 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