Ninepoint Bitcoin Risk Adjusted Performance

BITC-U Etf  USD 17.17  0.35  2.00%   
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Ninepoint Bitcoin ETF has current Risk Adjusted Performance of 0.1348.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1348
ER[a] = Expected return on investing in Ninepoint Bitcoin
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Ninepoint Bitcoin Risk Adjusted Performance Peers Comparison

Ninepoint Risk Adjusted Performance Relative To Other Indicators

Ninepoint Bitcoin ETF is 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  83.93  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Ninepoint Bitcoin ETF is roughly  83.93 
Compare Ninepoint Bitcoin to Peers

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