Aldeyra Risk Adjusted Performance
| ALDX Stock | | | USD 1.72 0.10 6.17% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is Aldeyra's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
Aldeyra registers a Risk Adjusted Performance of
-0.05, reflecting slightly negative risk-adjusted return. Aldeyra's return has marginally failed to compensate for the volatility experienced.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | -0.05 | |
Risk Adjusted Performance Peers Comparison
The peer group averages 0.07 for Risk Adjusted Performance, with Aldeyra at -0.0487 falling below that level. Readings span -0.0831 (Mereo BioPharma Group) to 0.1926 (Alto Neuroscience). Aldeyra's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for Aldeyra and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare Aldeyra to PeersMethodology, Assumptions & Data Sources
The current Risk Adjusted Performance for Aldeyra is -0.05. Risk Adjusted Performance for Aldeyra is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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