Purpose Multi Market Risk Adjusted Performance
| PINC Etf | | | CAD 20.68 -0.06 -0.29% |
The Market Risk Adjusted Performance lookup presents technical context for Purpose Multi Asset Income and related instruments. Some instruments may have limited coverage due to data differences;
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Purpose Multi Asset Income has current Market Risk Adjusted Performance of 0.5956.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.5956 | |
| ER[a] | = | Expected return on investing in Purpose Multi |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Purpose Multi Market Risk Adjusted Performance Peers Comparison
Purpose Market Risk Adjusted Performance Relative To Other Indicators
Purpose Multi Asset Income takes the leading position in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
4.08 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Purpose Multi Asset Income sits at
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