Qingdao NovelBeam Risk Adjusted Performance

688677 Stock   35.83  0.39  1.08%   
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Qingdao NovelBeam Technology has current Risk Adjusted Performance of 0.0802.

RAP

 = 

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

RFR

 = 
0.0802
ER[a] = Expected return on investing in Qingdao NovelBeam
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Qingdao NovelBeam Risk Adjusted Performance Peers Comparison

Qingdao Risk Adjusted Performance Relative To Other Indicators

Qingdao NovelBeam Technology is number one stock in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  311.86  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Qingdao NovelBeam Technology is roughly  311.86 
Compare Qingdao NovelBeam to Peers

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