Neo Battery Risk Adjusted Performance

NBMFF Stock  USD 0.63  0.04  6.78%   
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Neo Battery Materials has current Risk Adjusted Performance of 0.1578.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1578
ER[a] = Expected return on investing in Neo Battery
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Neo Battery Risk Adjusted Performance Peers Comparison

Neo Risk Adjusted Performance Relative To Other Indicators

Neo Battery Materials is regarded second in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,647  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Neo Battery Materials is roughly  1,647 
Compare Neo Battery to Peers

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