| NSH Stock | | | 4,600 200.00 4.17% |
Song Hong market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Song Hong Aluminum 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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Song Hong Aluminum has current Market Risk Adjusted Performance of 2.54.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 2.54 | |
| ER[a] | = | Expected return on investing in Song Hong |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Song Hong Market Risk Adjusted Performance Peers Comparison
Song Market Risk Adjusted Performance Relative To Other Indicators
Song Hong Aluminum 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
5.61 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Song Hong Aluminum is roughly
5.61
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