Novozymes A/S Risk Adjusted Performance
| NVZMF Pink Sheet | | | USD 63.35 0.86 1.38% |
The Risk Adjusted Performance profile for Novozymes A/S below includes current and historical values with sector peer benchmarks. Readings recalculate as new trading sessions complete, incorporating the latest market data. Supplemental context on Novozymes A/S is available through
Novozymes A/S Volatility and
Novozymes A/S Price History.
Current Risk Adjusted Performance Value
Novozymes A/S registers a Risk Adjusted Performance of 0.0491, reflecting positive but modest risk-adjusted return. Novozymes A/S has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.0491 | |
Risk Adjusted Performance Peers Comparison
Novozymes A/S's Risk Adjusted Performance of 0.0491 falls above the -0.02 peer average. Values range from -0.1106 (Sherwin Williams Co) to 0.2194 (LyondellBasell Industries NV), with tight clustering across the group. Novozymes A/S'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 Novozymes 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.
Novozymes A/S records a Risk Adjusted Performance of
0.05 and a Maximum Drawdown of
17.05 , yielding roughly
347.31 units of Maximum Drawdown per Risk Adjusted Performance. This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Novozymes A/S.
Methodology, Assumptions & Data Sources
Novozymes A/S's Risk Adjusted Performance currently stands at 0.0491. This Risk Adjusted Performance reading for Novozymes A/S results from applying the indicator's calculation rules to price and volume data over the selected window. 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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