89bio Risk Adjusted Performance

ETNB Stock  USD 8.96  0.20  2.28%   
89bio 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 Equity Screeners to view more equity screening tools
  
89bio Inc has current Risk Adjusted Performance of 0.0328.

RAP

 = 

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

RFR

 = 
0.0328
ER[a] = Expected return on investing in 89bio
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

89bio Risk Adjusted Performance Peers Comparison

89bio Risk Adjusted Performance Relative To Other Indicators

89bio Inc is rated # 4 in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  836.31  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for 89bio Inc is roughly  836.31 
Compare 89bio to Peers

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