Northern Data Market Risk Adjusted Performance

NB2 Stock  EUR 34.95  0.55  1.60%   
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Northern Data AG has current Market Risk Adjusted Performance of 0.7151.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.7151
ER[a] = Expected return on investing in Northern Data
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Northern Data Market Risk Adjusted Performance Peers Comparison

Northern Market Risk Adjusted Performance Relative To Other Indicators

Northern Data AG is regarded third in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  25.85  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Northern Data AG is roughly  25.85 
Compare Northern Data to Peers

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