| RNEW3 Stock | | | BRL 0.99 0.02 2.06% |
Renova Energia market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Renova Energia SA or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Renova Energia SA has current Market Risk Adjusted Performance of 0.0356.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0356 | |
| ER[a] | = | Expected return on investing in Renova Energia |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Renova Energia Market Risk Adjusted Performance Peers Comparison
Renova Market Risk Adjusted Performance Relative To Other Indicators
Renova Energia SA is rated
below average in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
565.23 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Renova Energia SA is roughly
565.23
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