Siren Nasdaq Market Risk Adjusted Performance

BLCN Etf  USD 21.12  0.52  2.52%   
Siren Nasdaq market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Siren Nasdaq NexGen 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
Siren Nasdaq NexGen has current Market Risk Adjusted Performance of (0.16).

MRAP

 = 

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

X

ER[a] - RFR)

 = 
(0.16)
ER[a] = Expected return on investing in Siren Nasdaq
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Siren Nasdaq Market Risk Adjusted Performance Peers Comparison

Siren Market Risk Adjusted Performance Relative To Other Indicators

Siren Nasdaq NexGen is rated below average in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
Compare Siren Nasdaq to Peers

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