NewtekOne, 850 Market Risk Adjusted Performance

NEWTG Stock   25.56  0.06  0.23%   
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NewtekOne, 850 percent has current Market Risk Adjusted Performance of 0.8845.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.8845
ER[a] = Expected return on investing in NewtekOne, 850
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

NewtekOne, 850 Market Risk Adjusted Performance Peers Comparison

NewtekOne, Market Risk Adjusted Performance Relative To Other Indicators

NewtekOne, 850 percent is considered to be number one stock in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1.61  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for NewtekOne, 850 percent is roughly  1.61 
Compare NewtekOne, 850 to Peers

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