| BLCN Etf | | | USD 28.81 0.11 0.38% |
Siren Nasdaq market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Siren Nasdaq NexGen 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
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Siren Nasdaq NexGen has current Market Risk Adjusted Performance of 0.1289.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1289 | |
| ER[a] | = | Expected return on investing in Siren Nasdaq |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Siren Nasdaq Market Risk Adjusted Performance Peers Comparison
Siren Market Risk Adjusted Performance Relative To Other Indicators
Siren Nasdaq NexGen 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
108.45 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Siren Nasdaq NexGen is roughly
108.45
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