Anika Therapeutics Market Risk Adjusted Performance

ANIK Stock  USD 17.28  0.35  2.07%   
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Anika Therapeutics has current Market Risk Adjusted Performance of 0.0644.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.0644
ER[a] = Expected return on investing in Anika Therapeutics
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Anika Therapeutics Market Risk Adjusted Performance Peers Comparison

Anika Market Risk Adjusted Performance Relative To Other Indicators

Anika Therapeutics is rated below average in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  146.59  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Anika Therapeutics is roughly  146.59 
Compare Anika Therapeutics to Peers

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