VanEck Oil Risk Adjusted Performance

CRAK Etf  USD 38.48  0.31  0.81%   
VanEck Oil risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for VanEck Oil Refiners 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
  
VanEck Oil Refiners has current Risk Adjusted Performance of 0.1528.

RAP

 = 

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

RFR

 = 
0.1528
ER[a] = Expected return on investing in VanEck Oil
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

VanEck Oil Risk Adjusted Performance Peers Comparison

VanEck Risk Adjusted Performance Relative To Other Indicators

VanEck Oil Refiners is the top 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  25.90  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for VanEck Oil Refiners is roughly  25.90 
Compare VanEck Oil to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas