Nightview ETF Risk Adjusted Performance

NITE Etf  USD 31.94  0.07  0.22%   
Nightview ETF risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for The Nightview ETF 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
The Nightview ETF 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 Nightview ETF
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Nightview ETF Risk Adjusted Performance Peers Comparison

Nightview Risk Adjusted Performance Relative To Other Indicators

The Nightview ETF is rated below average in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  34.37  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for The Nightview ETF is roughly  34.37 
Compare Nightview ETF to Peers

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