Spear Alpha Market Risk Adjusted Performance
| SPRX Etf | | | USD 31.61 0.26 0.83% |
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Spear Alpha ETF has current Market Risk Adjusted Performance of 0.5241.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.5241 | |
| ER[a] | = | Expected return on investing in Spear Alpha |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Spear Alpha Market Risk Adjusted Performance Peers Comparison
Spear Market Risk Adjusted Performance Relative To Other Indicators
Spear Alpha ETF is presently regarded as number one ETF in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
19.63 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Spear Alpha ETF is roughly
19.63
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