First Trust Market Risk Adjusted Performance
| FXN Etf | | | USD 21.23 0.33 1.58% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for First Trust Energy. Indicator values reflect available price and volume data where applicable.
First Trust Energy has current Market Risk Adjusted Performance of 1.21.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 1.21 | |
| 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 Energy takes the leading position in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
4.70 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for First Trust Energy sits at
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