Purpose Global Risk Adjusted Performance
| IGB Etf | | | CAD 17.96 -0.12 -0.66% |
The Risk Adjusted Performance indicator for Purpose Global is constructed from normalized market data. All inputs reflect available trading data across supported markets. Diversification context is available through
Risk vs Return Analysis. Diversification context helps frame allocation across holdings. This reflects a position in Purpose Global Bond. The allocation approach determines the relative weighting of each position. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
Purpose Global Bond has current Risk Adjusted Performance of
-0.14.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | -0.14 | |
Risk Adjusted Performance Peers Comparison
Risk Adjusted Performance Relative To Other Indicators
Purpose Global Bond is rated
below average in risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
Other Technical Indicators