Global Ship Risk Adjusted Performance
| GSL Stock | | | USD 42.29 0.76 1.83% |
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 Ship's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
The current Risk Adjusted Performance of 0.094 places Global Ship at positive but modest risk-adjusted return. Global Ship has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.094 | |
Risk Adjusted Performance Peers Comparison
Relative to peers, Global Ship's Risk Adjusted Performance is above the group average of 0.09. Peer readings range from -0.0131 (Allegiant Travel) to 0.2446 (SFL Corporation), reflecting wide dispersion across the sector. Global Ship'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 Ship 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.
The Maximum Drawdown-to-Risk Adjusted Performance ratio for Global Ship sits near
77.79 , with Risk Adjusted Performance at
0.09 and Maximum Drawdown at
7.31 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Global Ship.
Methodology, Assumptions & Data Sources
Global Ship's Risk Adjusted Performance currently stands at 0.094. This Risk Adjusted Performance reading for Global Ship results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Global Ship operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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