First Asset Market Risk Adjusted Performance
| TXF Etf | | | CAD 22.03 -0.04 -0.18% |
This technical indicator view for Market Risk Adjusted Performance organizes signals for First Asset Tech and comparable instruments. Coverage depends on data availability and normalization;
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First Asset Tech has current Market Risk Adjusted Performance of
-0.08.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.08 | |
| ER[a] | = | Expected return on investing in First Asset |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
First Asset Market Risk Adjusted Performance Peers Comparison
First Market Risk Adjusted Performance Relative To Other Indicators
First Asset Tech is rated
below average in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs .
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