| ETNB Stock | | | USD 8.96 0.20 2.28% |
89bio market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for 89bio Inc 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
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89bio Inc has current Market Risk Adjusted Performance of 0.0524.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0524 | |
| ER[a] | = | Expected return on investing in 89bio |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
89bio Market Risk Adjusted Performance Peers Comparison
89bio Market Risk Adjusted Performance Relative To Other Indicators
89bio Inc is rated
# 3 in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
523.49 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for 89bio Inc is roughly
523.49
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