Texas Pacific Market Risk Adjusted Performance

TPL Stock  USD 1,730  214.47  14.15%   
Texas Pacific market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Texas Pacific Land 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
  
Texas Pacific Land has current Market Risk Adjusted Performance of 0.7725.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.7725
ER[a] = Expected return on investing in Texas Pacific
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Texas Pacific Market Risk Adjusted Performance Peers Comparison

Texas Market Risk Adjusted Performance Relative To Other Indicators

Texas Pacific Land is currently regarded as top stock in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  12.90  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Texas Pacific Land is roughly  12.90 
Compare Texas Pacific to Peers

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