ARK Space Risk Adjusted Performance

ARKX Etf  USD 26.68  0.22  0.83%   
ARK Space risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for ARK Space Exploration or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
ARK Space Exploration has current Risk Adjusted Performance of 0.3062.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.3062
ER[a] = Expected return on investing in ARK Space
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

ARK Space Risk Adjusted Performance Peers Comparison

ARK Risk Adjusted Performance Relative To Other Indicators

ARK Space Exploration is third largest ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  24.89  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for ARK Space Exploration is roughly  24.89 
Compare ARK Space to Peers

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