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;
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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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