Dada Nexus Risk Adjusted Performance

DADA Stock  USD 1.37  0.02  1.48%   
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Dada Nexus has current Risk Adjusted Performance of 0.0599.

RAP

 = 

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

RFR

 = 
0.0599
ER[a] = Expected return on investing in Dada Nexus
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Dada Nexus Risk Adjusted Performance Peers Comparison

Dada Risk Adjusted Performance Relative To Other Indicators

Dada Nexus is rated below average in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  637.13  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Dada Nexus is roughly  637.13 
Compare Dada Nexus to Peers

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