First Trust Market Risk Adjusted Performance
| FMF Etf | | | USD 49.79 0.04 0.08% |
Technical inputs supporting the Market Risk Adjusted Performance indicator for First Trust Managed are shown here. The information is based on observed market data across timeframes. Use
Investing Opportunities to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. Portfolio analysis tools can evaluate how First Trust Managed fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence First Trust Managed's etf valuation — related indicators include
signals in state.
First Trust Managed has current Market Risk Adjusted Performance of 0.2224.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2224 | |
| 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 Managed ranks
second among etfs in market risk adjusted performance relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
18.87 Maximum Drawdown per unit of Market Risk Adjusted Performance. First Trust Managed carries a
18.87 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
Other Technical Indicators