Global X Market Risk Adjusted Performance
| HPR Etf | | | CAD 10.44 0.02 0.19% |
Observed values used in the Market Risk Adjusted Performance indicator for Global X Active are included in this dataset. Market data gaps can influence the computed indicator values. Diversification context is available through
Risk vs Return Analysis. All values are presented as reference data. Global X Active can be tracked within a custom portfolio for ongoing monitoring. This view summarizes available data without implying outcomes. Broader economic conditions can influence Global X Active's etf valuation — related indicators include
signals in inflation.
Global X Active has current Market Risk Adjusted Performance of 0.3344.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.3344 | |
| ER[a] | = | Expected return on investing in Global X |
| 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
Global X Active lands at
#2 in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
3.17 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Global X Active sits at
3.17 Other Technical Indicators