First Asset Market Risk Adjusted Performance

VXM Etf  CAD 51.22  -0.50  -0.97%   
The Market 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. World Market Map 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 Market Risk Adjusted Performance of 0.271.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.271
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 Morningstar is evaluated as third in Market Risk Adjusted Performance in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 15.87 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for First Asset Morningstar is roughly 15.87
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