Heart Test Market Risk Adjusted Performance
| HSCS Stock | | | USD 1.95 0.14 7.73% |
Market Risk-Adjusted Performance (MRAP) measures return relative to systematic risk (beta) rather than total risk (standard deviation). This isolates the return earned per unit of market exposure, filtering out idiosyncratic volatility that can be diversified away. Below is Heart Test's current Market Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Market Risk Adjusted Performance Value
Heart Test registers a Market Risk Adjusted Performance of
-0.96, reflecting negative risk-adjusted return — volatility has not been compensated by returns. The magnitude indicates that Heart Test's losses or underperformance are material relative to the risk taken.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.96 | |
| ER[a] | = | Expected return on investing in Heart Test |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Relative to peers, Heart Test's Market Risk Adjusted Performance is above the group average of -1.49. Peer readings range from -10.423 (STRATA Skin Sciences) to 0.6648 (Brainstorm Cell Therapeutics), reflecting tight clustering across the sector. Heart Test's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Market Risk Adjusted Performance Relative To Other Indicators
The chart below plots Market Risk Adjusted Performance against Maximum Drawdown for Heart Test and its peers. Each point represents one equity — position along the horizontal axis shows Market 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.
Compare Heart Test to PeersMethodology, Assumptions & Data Sources
Heart Test's Market Risk Adjusted Performance currently stands at -0.96. Market Risk Adjusted Performance for Heart Test is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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