Precision Drilling Market Risk Adjusted Performance

PD Stock  CAD 92.36  1.29  1.42%   
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Precision Drilling has current Market Risk Adjusted Performance of (0.24).

MRAP

 = 

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

X

ER[a] - RFR)

 = 
(0.24)
ER[a] = Expected return on investing in Precision Drilling
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Precision Drilling Market Risk Adjusted Performance Peers Comparison

Precision Market Risk Adjusted Performance Relative To Other Indicators

Precision Drilling is regarded second in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers .
Compare Precision Drilling to Peers

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