Evolve Canadian Market Risk Adjusted Performance

BANK Etf  CAD 8.29  0.02  0.24%   
Evolve Canadian market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Evolve Canadian Banks 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
  
Evolve Canadian Banks has current Market Risk Adjusted Performance of 0.646.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.646
ER[a] = Expected return on investing in Evolve Canadian
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Evolve Canadian Market Risk Adjusted Performance Peers Comparison

Evolve Market Risk Adjusted Performance Relative To Other Indicators

Evolve Canadian Banks is rated below average in market risk adjusted performance as compared to similar ETFs. It is rated below average in maximum drawdown as compared to similar ETFs reporting about  4.31  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Evolve Canadian Banks is roughly  4.31 
Compare Evolve Canadian to Peers

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