Purpose Ether Risk Adjusted Performance

ETHY Etf   3.89  0.17  4.57%   
Purpose Ether risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Purpose Ether Yield 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
  
Purpose Ether Yield has current Risk Adjusted Performance of 0.2473.

RAP

 = 

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

RFR

 = 
0.2473
ER[a] = Expected return on investing in Purpose Ether
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Purpose Ether Risk Adjusted Performance Peers Comparison

Purpose Risk Adjusted Performance Relative To Other Indicators

Purpose Ether Yield is rated # 2 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  88.23  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Purpose Ether Yield is roughly  88.23 
Compare Purpose Ether to Peers

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