Canadian Large Risk Adjusted Performance
| NPS Stock | | | CAD 15.13 -0.07 -0.46% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is Canadian Large's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
Canadian Large's Risk Adjusted Performance of 0.1201 reflects positive but modest risk-adjusted return. Canadian Large has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1201 | |
Risk Adjusted Performance Peers Comparison
Canadian Large's Risk Adjusted Performance of 0.1201 falls above the 0.04 peer average. Values range from -0.0091 (Healthcare Special Opportunities) to 0.165 (Commerce Split Corp), with wide dispersion across the group. Canadian Large's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for Canadian Large and its peers. Each point represents one equity — position along the horizontal axis shows Risk Adjusted Performance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Canadian Large shows nearly
107.64 of Maximum Drawdown per unit of Risk Adjusted Performance (
0.12 versus
12.93 ). This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Canadian Large.
Methodology, Assumptions & Data Sources
Canadian Large's Risk Adjusted Performance currently stands at 0.1201. Canadian Large's Risk Adjusted Performance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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