Global X Risk Adjusted Performance

HBAL Etf  CAD 17.46  0.07  0.40%   
Observed values used to calculate the Risk Adjusted Performance technical indicator for Global X Balanced. Coverage may vary depending on data feeds and normalization methods.
Global X Balanced has current Risk Adjusted Performance of 0.0454.

RAP

 = 

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

RFR

 = 
0.0454
ER[a] = Expected return on investing in Global X
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

Global X Balanced is rated below average in risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 56.01 in Maximum Drawdown for each unit of Risk Adjusted Performance. The spread between Maximum Drawdown and Risk Adjusted Performance for Global X Balanced sits at 56.01
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