FIRST TRUST/CONFLUENCE Market Risk Adjusted Performance
| FOVIX Fund | | | USD 24.59 0.00 0.00% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for First Trustconfluence Small. Technical inputs may vary across markets and data providers.
First Trustconfluence Small has current Market Risk Adjusted Performance of
-0.44.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.44 | |
| ER[a] | = | Expected return on investing in FIRST TRUST/CONFLUENCE |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
FIRST TRUST/CONFLUENCE Market Risk Adjusted Performance Peers Comparison
FIRST Market Risk Adjusted Performance Relative To Other Indicators
First Trustconfluence Small is rated
below average in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
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