Mayville Engineering Market Risk Adjusted Performance
| MEC Stock | | | USD 27.20 1.21 4.66% |
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 Mayville Engineering's current Market Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Market Risk Adjusted Performance Value
Mayville Engineering has a Market Risk Adjusted Performance of 2.69, indicating strong risk-adjusted return — return exceeds the risk taken. Mayville Engineering has delivered outsized return relative to total volatility, which is uncommon and indicates efficient risk compensation.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 2.69 | |
| ER[a] | = | Expected return on investing in Mayville Engineering |
| 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
Among sector peers, Mayville Engineering's Market Risk Adjusted Performance of 2.69 is above the -4.3 group average. The range runs from -39.7192 (Spire Global) to 1.11 (Greenwave Technology Solutions). Mayville Engineering'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 Mayville Engineering 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.
With Market Risk Adjusted Performance at
2.69 and Maximum Drawdown at
11.98 , Mayville Engineering shows a
4.45 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Market Risk Adjusted Performance for Mayville Engineering.
Methodology, Assumptions & Data Sources
The current Market Risk Adjusted Performance for Mayville Engineering is 2.69. This Market Risk Adjusted Performance reading for Mayville Engineering 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. Mayville Engineering operates in the industrials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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