Evolve NASDAQ Market Risk Adjusted Performance
| QQQY Etf | | | 25.11 -0.51 -1.99% |
The Market Risk Adjusted Performance calculation for Evolve NASDAQ draws on price and volume history. All inputs are based on actual trading observations from supported exchanges.
Your Equity Center provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. The allocation shows a weighting toward Evolve NASDAQ Technology. The weighting is visible within the allocation breakdown. The sizing of each position reflects the overall allocation strategy. The information is analytical in nature and is not intended as a specific recommendation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Evolve NASDAQ Technology has current Market Risk Adjusted Performance of
-0.07.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.07 | |
| ER[a] | = | Expected return on investing in Evolve 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
Evolve NASDAQ Technology is rated
below average in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
Other Technical Indicators