First Trust Market Risk Adjusted Performance
| RSMR Etf | | | 22.15 0.00 0.00% |
Historical market data for First Trust Exchange Traded forms the basis of the Market Risk Adjusted Performance indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. Related indicator context is organized within
Equity Screeners.
Your Equity Center provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Diversification analysis considers the interaction of positions within a portfolio. The portfolio reflects a holding in First Trust Exchange Traded. The weighting is visible within the allocation breakdown. The relative size of each holding follows the allocation framework. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
First Trust Exchange Traded has current Market Risk Adjusted Performance of
-0.17.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.17 | |
| ER[a] | = | Expected return on investing in First Trust |
| 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
First Trust Exchange Traded is rated
below average for market risk adjusted performance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs .
Other Technical Indicators