Converge Information Risk Adjusted Performance

CNVRG Stock   16.60  0.36  2.22%   
Converge Information risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Converge Information Communications 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
  
Converge Information Communications has current Risk Adjusted Performance of 0.0753.

RAP

 = 

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

RFR

 = 
0.0753
ER[a] = Expected return on investing in Converge Information
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Converge Information Risk Adjusted Performance Peers Comparison

Converge Risk Adjusted Performance Relative To Other Indicators

Converge Information Communications is rated third in risk adjusted performance category among its peers. It is rated fourth in maximum drawdown category among its peers reporting about  156.27  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Converge Information Communications is roughly  156.27 
Compare Converge Information to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas