Miller Industries Risk Adjusted Performance
| MLR Stock | | | USD 48.07 0.38 0.80% |
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 Miller Industries's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
With Risk Adjusted Performance at 0.0824, Miller Industries shows positive but modest risk-adjusted return. Miller Industries has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0824 | |
Risk Adjusted Performance Peers Comparison
Relative to peers, Miller Industries's Risk Adjusted Performance is above the group average of 0.01. Peer readings range from -0.0946 (Holley Inc) to 0.1476 (Polestar Automotive Holding), reflecting wide dispersion across the sector. Miller Industries'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 Miller Industries 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.
Miller Industries's Risk Adjusted Performance reads
0.08 while Maximum Drawdown reads
10.42 , a
126.49 ratio between the two. This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Miller Industries.
Methodology, Assumptions & Data Sources
Miller Industries has a current Risk Adjusted Performance reading of 0.0824. The Risk Adjusted Performance for Miller Industries is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Miller Industries operates in the consumer cyclical sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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