BetaPro Canadian Risk Adjusted Performance

GDXU ETF   100.17  -7.94  -7.34%   
The Risk Adjusted Performance signal for BetaPro Canadian Gold reflects patterns observed in trading data. The Equity Screeners module supports multi-indicator technical analysis. Use Risk vs Return Analysis to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. Tracking BetaPro Canadian Gold in a portfolio helps measure its contribution to overall performance. All values are presented as reference data. Broader economic conditions can influence BetaPro Canadian Gold's ETF valuation — related indicators include signals in state.
BetaPro Canadian Gold has current Risk Adjusted Performance of 0.0089.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0089
ER[a] = Expected return on investing in BetaPro Canadian
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Risk Adjusted Performance Peers Comparison

Risk Adjusted Performance Relative To Other Indicators

BetaPro Canadian Gold lands at #5 in risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 3,454 in Maximum Drawdown for each unit of Risk Adjusted Performance. The spread between Maximum Drawdown and Risk Adjusted Performance for BetaPro Canadian Gold sits at 3,454
Compare BetaPro Canadian to Peers

Other Technical Indicators