Ned Davis Market Risk Adjusted Performance
| NDAA Etf | | | 21.75 0.14 0.65% |
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Ned Davis Research has current Market Risk Adjusted Performance of 0.1305.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1305 | |
| ER[a] | = | Expected return on investing in Ned Davis |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Ned Davis Market Risk Adjusted Performance Peers Comparison
Ned Market Risk Adjusted Performance Relative To Other Indicators
Ned Davis Research is rated
below average in market risk adjusted performance as compared to similar ETFs. It is regarded
fifth largest ETF in maximum drawdown as compared to similar ETFs reporting about
29.34 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Ned Davis Research is roughly
29.34
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