Direxion Daily Market Risk Adjusted Performance
| TPOR Etf | | | USD 27.12 0.04 0.15% |
The Market Risk Adjusted Performance technical lookup provides context for Direxion Daily Transportation and related instruments. Coverage varies by data normalization and availability; see
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Direxion Daily Transportation has current Market Risk Adjusted Performance of 0.4128.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.4128 | |
| ER[a] | = | Expected return on investing in Direxion Daily |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Direxion Daily Market Risk Adjusted Performance Peers Comparison
Direxion Market Risk Adjusted Performance Relative To Other Indicators
Direxion Daily Transportation is ranked
fourth for market risk adjusted performance among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
45.13 against Market Risk Adjusted Performance. Maximum Drawdown runs about
45.13 times Market Risk Adjusted Performance for Direxion Daily Transportation
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