First Asset Risk Adjusted Performance

QXM Etf  CAD 37.94  -0.85  -2.19%   
The Risk Adjusted Performance technical lookup provides context for First Asset Morningstar and related instruments. Availability can vary by instrument; Equity Screeners offers additional screening access. Your Equity Center provides context for diversified portfolio construction. Refined allocation visibility enhances overall portfolio context. This reflects a position in First Asset Morningstar within the allocation view. 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.
  
First Asset Morningstar has current Risk Adjusted Performance of 0.0728.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0728
ER[a] = Expected return on investing in First Asset
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

First Asset Risk Adjusted Performance Peers Comparison

First Risk Adjusted Performance Relative To Other Indicators

First Asset Morningstar is rated below average. in risk adjusted performance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 52.64 of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for First Asset Morningstar is roughly 52.64
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