Horace Mann Risk Adjusted Performance
| HMN Stock | | | USD 45.65 -0.32 -0.70% |
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 Horace Mann's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
Horace Mann registers a Risk Adjusted Performance of 0.0473, reflecting positive but modest risk-adjusted return. Horace Mann has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0473 | |
Risk Adjusted Performance Peers Comparison
The peer group averages 0.04 for Risk Adjusted Performance, with Horace Mann at 0.0473 falling above that level. Readings span -0.073 (Aspen Insurance Holdings) to 0.1388 (OFG Bancorp). Horace Mann'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 Horace Mann 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.
Horace Mann shows nearly
106.98 of Maximum Drawdown per unit of Risk Adjusted Performance (
0.05 versus
5.06 ). This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Horace Mann.
Methodology, Assumptions & Data Sources
Horace Mann has a current Risk Adjusted Performance reading of 0.0473. This Risk Adjusted Performance reading for Horace Mann results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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