2023 ETF Risk Adjusted Performance

QLTY Etf   32.93  0.17  0.52%   
2023 ETF risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for The 2023 ETF 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
  
The 2023 ETF has current Risk Adjusted Performance of 0.0665.

RAP

 = 

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

RFR

 = 
0.0665
ER[a] = Expected return on investing in 2023 ETF
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

2023 ETF Risk Adjusted Performance Peers Comparison

2023 Risk Adjusted Performance Relative To Other Indicators

The 2023 ETF is rated below average in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  55.60  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for The 2023 ETF is roughly  55.60 
Compare 2023 ETF to Peers

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