Third Harmonic Risk Adjusted Performance

THRD Stock  USD 12.93  0.49  3.94%   
Third Harmonic risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Third Harmonic Bio 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 Equity Screeners to view more equity screening tools
  
Third Harmonic Bio has current Risk Adjusted Performance of 0.0167.

RAP

 = 

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

RFR

 = 
0.0167
ER[a] = Expected return on investing in Third Harmonic
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Third Harmonic Risk Adjusted Performance Peers Comparison

Third Risk Adjusted Performance Relative To Other Indicators

Third Harmonic Bio is rated below average in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,542  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Third Harmonic Bio is roughly  1,542 
Compare Third Harmonic to Peers

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