Shoals Technologies Market Risk Adjusted Performance

SHLS Stock  USD 4.63  0.04  0.86%   
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Shoals Technologies Group has current Market Risk Adjusted Performance of 0.0342.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.0342
ER[a] = Expected return on investing in Shoals Technologies
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Shoals Technologies Market Risk Adjusted Performance Peers Comparison

Shoals Market Risk Adjusted Performance Relative To Other Indicators

Shoals Technologies Group is rated second in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,113  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Shoals Technologies Group is roughly  1,113 
Compare Shoals Technologies to Peers

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