Global Engine Risk Adjusted Performance
| GLE Stock | | | 0.57 0.02 4.35% |
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 Global Engine's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
The Risk Adjusted Performance of 0.1383 for Global Engine indicates positive but modest risk-adjusted return. Global Engine has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1383 | |
Risk Adjusted Performance Peers Comparison
Global Engine's Risk Adjusted Performance of 0.1383 falls above the -0.02 peer average. Values range from -0.2069 (Santech Holdings Limited) to 0.12 (Bridgeline Digital), with tight clustering across the group. Global Engine's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for Global Engine 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.
With Risk Adjusted Performance at
0.14 and Maximum Drawdown at
36.38 , Global Engine shows a
263.03 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Global Engine.
Methodology, Assumptions & Data Sources
Global Engine's Risk Adjusted Performance currently stands at 0.1383. Global Engine's Risk Adjusted Performance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Global Engine operates in the information technology 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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