NEOS Nasdaq Market Risk Adjusted Performance
| QQQI Etf | | | 50.00 -0.88 -1.73% |
The Market Risk Adjusted Performance calculation for NEOS Nasdaq draws on price and volume history. Data availability for the calculation period determines indicator completeness. Use
Your Equity Center to better understand diversified portfolio construction. The diversification view provides additional analytical depth. This reflects a position in NEOS Nasdaq 100. 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
signals in producer price index.
NEOS Nasdaq 100 has current Market Risk Adjusted Performance of
-3.30.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -3.30 | |
| ER[a] | = | Expected return on investing in NEOS Nasdaq |
| 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 Nasdaq 100 is rated
below average for market risk adjusted performance across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers .
Other Technical Indicators