DeFiance Daily Market Risk Adjusted Performance
| MSTX Etf | | | 24.26 0.81 3.45% |
Observed values used in the Market Risk Adjusted Performance indicator for Defiance Daily Target are included in this dataset. Data coverage may vary across sources and reporting intervals. DeFiance Daily has a market cap of 476.74 K, operating margin of -17.24%.
Correlation Analysis adds portfolio-level perspective. The allocation shows a weighting toward Defiance Daily Target. The weighting is visible within the allocation breakdown. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in population.
Defiance Daily Target has current Market Risk Adjusted Performance of 0.5217.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.5217 | |
| ER[a] | = | Expected return on investing in DeFiance Daily |
| 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
Defiance Daily Target ranks first in market risk adjusted performance compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
1,963 of Maximum Drawdown per Market Risk Adjusted Performance. At
1,963 , Defiance Daily Target's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators