GraniteShares FAANG Risk Adjusted Performance

FANE Etf   47.22  0.36  0.77%   
GraniteShares FAANG risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for GraniteShares FAANG ETC 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
  
GraniteShares FAANG ETC has current Risk Adjusted Performance of 0.1647.

RAP

 = 

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

RFR

 = 
0.1647
ER[a] = Expected return on investing in GraniteShares FAANG
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

GraniteShares FAANG Risk Adjusted Performance Peers Comparison

GraniteShares Risk Adjusted Performance Relative To Other Indicators

GraniteShares FAANG ETC is rated # 3 ETF in risk adjusted performance as compared to similar ETFs. It is rated below average in maximum drawdown as compared to similar ETFs reporting about  31.62  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for GraniteShares FAANG ETC is roughly  31.62 
Compare GraniteShares FAANG to Peers

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