| NNFM Stock | | | 40.05 0.05 0.12% |
NORTHERN NIGERIA market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for NORTHERN NIGERIA FLOUR or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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NORTHERN NIGERIA FLOUR has current Market Risk Adjusted Performance of 0.1812.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1812 | |
| ER[a] | = | Expected return on investing in NORTHERN NIGERIA |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
NORTHERN NIGERIA Market Risk Adjusted Performance Peers Comparison
NORTHERN Market Risk Adjusted Performance Relative To Other Indicators
NORTHERN NIGERIA FLOUR is regarded
fourth in market risk adjusted performance category among its peers. It is regarded
third in maximum drawdown category among its peers reporting about
110.38 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for NORTHERN NIGERIA FLOUR is roughly
110.38
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