Nuveen Global Market Risk Adjusted Performance
| JGH Etf | | | USD 12.05 -0.30 -2.43% |
The Market Risk Adjusted Performance indicator for Nuveen Global is constructed from normalized market data. The depth of trading history affects the precision of the indicator. Nuveen Global has a market cap of 313.59 M. For allocation context, review
Risk vs Return Analysis. Monitoring Nuveen Global High within a portfolio highlights how it interacts with other holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence Nuveen Global High's etf valuation — related indicators include
signals in census.
Nuveen Global High has current Market Risk Adjusted Performance of 0.0928.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0928 | |
| ER[a] | = | Expected return on investing in Nuveen Global |
| 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
Nuveen Global High places
third for market risk adjusted performance across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly
22.32 in Maximum Drawdown for every unit of Market Risk Adjusted Performance. Maximum Drawdown outpaces Market Risk Adjusted Performance by
22.32 times for Nuveen Global High
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