Pardes Biosciences Risk Adjusted Performance

PRDSDelisted Stock  USD 2.14  0.01  0.47%   
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Pardes Biosciences has current Risk Adjusted Performance of 0.1118.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1118
ER[a] = Expected return on investing in Pardes Biosciences
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Pardes Biosciences Risk Adjusted Performance Peers Comparison

Pardes Risk Adjusted Performance Relative To Other Indicators

Pardes Biosciences is regarded second in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  136.94  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Pardes Biosciences is roughly  136.94 

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