New Relic Market Risk Adjusted Performance

NEWRDelisted Stock  USD 71.64  0.17  0.24%   
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New Relic has current Market Risk Adjusted Performance of (0.06).

MRAP

 = 

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

X

ER[a] - RFR)

 = 
(0.06)
ER[a] = Expected return on investing in New Relic
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

New Relic Market Risk Adjusted Performance Peers Comparison

New Market Risk Adjusted Performance Relative To Other Indicators

New Relic is rated below average in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers .

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