MegaLong Canadian Market Risk Adjusted Performance
| BNKU Etf | | | 36.25 0.29 0.79% |
MegaLong Canadian market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for MegaLong Canadian Banks 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
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MegaLong Canadian Banks has current Market Risk Adjusted Performance of 0.6288.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.6288 | |
| ER[a] | = | Expected return on investing in MegaLong Canadian |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
MegaLong Canadian Market Risk Adjusted Performance Peers Comparison
MegaLong Market Risk Adjusted Performance Relative To Other Indicators
MegaLong Canadian Banks is
fourth largest ETF in market risk adjusted performance as compared to similar ETFs. It is
fifth largest ETF in maximum drawdown as compared to similar ETFs reporting about
16.67 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for MegaLong Canadian Banks is roughly
16.67
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