Tortoise Risk Adjusted Performance

TBLU Etf  USD 49.09  0.00  0.00%   
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Tortoise has current Risk Adjusted Performance of 0.1139.

RAP

 = 

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

RFR

 = 
0.1139
ER[a] = Expected return on investing in Tortoise
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Tortoise Risk Adjusted Performance Peers Comparison

Tortoise Risk Adjusted Performance Relative To Other Indicators

Tortoise is rated second 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  32.52  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Tortoise is roughly  32.52 

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