NEOS Russell Market Risk Adjusted Performance
| IWMI Etf | | | 46.31 -0.94 -1.99% |
The Market Risk Adjusted Performance indicator for NEOS Russell is constructed from normalized market data. Values reflect historical observations within the available dataset. Diversification context is available through
Risk vs Return Analysis. Diversification context helps frame allocation across holdings. A position in NEOS Russell 2000 appears within the mix. The allocation reflects this within the position set. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
NEOS Russell 2000 has current Market Risk Adjusted Performance of
-0.04.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.04 | |
| ER[a] | = | Expected return on investing in NEOS Russell |
| 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
NEOS Russell 2000 places
fourth for market risk adjusted performance across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers .
Other Technical Indicators