ALPS Medical Risk Adjusted Performance
| SBIO Etf | | | USD 33.12 0.12 0.36% |
ALPS Medical risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for ALPS Medical Breakthroughs 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
ALPS Medical Breakthroughs has current Risk Adjusted Performance of 0.1229.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1229 | |
ALPS Medical Risk Adjusted Performance Peers Comparison
ALPS Risk Adjusted Performance Relative To Other Indicators
ALPS Medical Breakthroughs is rated
third largest 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
78.13 of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for ALPS Medical Breakthroughs is roughly
78.13
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.