PRECISION DRILLING Market Risk Adjusted Performance

PRE1 Stock  EUR 58.50  2.50  4.10%   
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PRECISION DRILLING P has current Market Risk Adjusted Performance of 1.09.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
1.09
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 P 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  9.29  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for PRECISION DRILLING P is roughly  9.29 
Compare PRECISION DRILLING to Peers

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