ASX Risk Adjusted Performance

ASX Stock   66.06  0.26  0.39%   
ASX risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for ASX 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 Equity Screeners to view more equity screening tools
  
ASX has current Risk Adjusted Performance of 0.089.

RAP

 = 

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

RFR

 = 
0.089
ER[a] = Expected return on investing in ASX
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

ASX Risk Adjusted Performance Peers Comparison

ASX Risk Adjusted Performance Relative To Other Indicators

ASX is rated second in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  77.81  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for ASX is roughly  77.81 
Compare ASX to Peers

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