Denbury Resources Market Risk Adjusted Performance

DENDelisted Stock  USD 86.53  0.68  0.79%   
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Denbury Resources has current Market Risk Adjusted Performance of 0.5964.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.5964
ER[a] = Expected return on investing in Denbury Resources
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Denbury Resources Market Risk Adjusted Performance Peers Comparison

Denbury Market Risk Adjusted Performance Relative To Other Indicators

Denbury Resources is rated # 5 in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  15.90  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Denbury Resources is roughly  15.90 

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