Nexoptic Technology Market Risk Adjusted Performance

NXO Stock  CAD 0.01  0.01  25.00%   
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Nexoptic Technology Corp has current Market Risk Adjusted Performance of 0.2491.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.2491
ER[a] = Expected return on investing in Nexoptic Technology
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Nexoptic Technology Market Risk Adjusted Performance Peers Comparison

Nexoptic Market Risk Adjusted Performance Relative To Other Indicators

Nexoptic Technology Corp is regarded fourth in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  200.72  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Nexoptic Technology Corp is roughly  200.72 
Compare Nexoptic Technology to Peers

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