Paychex Market Risk Adjusted Performance

PAYX Stock  USD 144.46  0.37  0.26%   
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Paychex has current Market Risk Adjusted Performance of 0.2174.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.2174
ER[a] = Expected return on investing in Paychex
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Paychex Market Risk Adjusted Performance Peers Comparison

Paychex Market Risk Adjusted Performance Relative To Other Indicators

Paychex is regarded third in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  38.14  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Paychex is roughly  38.14 
Compare Paychex to Peers

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