European Residential Risk Adjusted Performance
| ERE-UN Stock | | | CAD 1.19 0.01 0.85% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is European Residential's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
At 0.0172, European Residential exhibits positive but modest risk-adjusted return in Risk Adjusted Performance. European Residential has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0172 | |
Risk Adjusted Performance Peers Comparison
Relative to peers, European Residential's Risk Adjusted Performance is below the group average of 0.02. Peer readings range from -0.1243 (Inovalis Real Estate) to 0.147 (Canadian Net Real), reflecting wide dispersion across the sector. European Residential's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for European Residential and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
European Residential's Maximum Drawdown of
3.52 runs about
204.47 times its Risk Adjusted Performance of
0.02 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for European Residential.
Methodology, Assumptions & Data Sources
European Residential's Risk Adjusted Performance currently stands at 0.0172. This Risk Adjusted Performance reading for European Residential results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. European Residential operates in the real estate sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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