| 0HS2 Stock | | | 311.11 10.78 3.59% |
Cadence Design market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Cadence Design Systems 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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Cadence Design Systems has current Market Risk Adjusted Performance of 0.5966.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.5966 | |
| ER[a] | = | Expected return on investing in Cadence Design |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Cadence Design Market Risk Adjusted Performance Peers Comparison
Cadence Market Risk Adjusted Performance Relative To Other Indicators
Cadence Design Systems is rated
fourth in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
32.09 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Cadence Design Systems is roughly
32.09
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