New Wave Risk Adjusted Performance

TRMNF Stock  USD 0.01  0.01  33.52%   
New Wave risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for New Wave Holdings 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
  
New Wave Holdings has current Risk Adjusted Performance of 0.0921.

RAP

 = 

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

RFR

 = 
0.0921
ER[a] = Expected return on investing in New Wave
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

New Wave Risk Adjusted Performance Peers Comparison

New Risk Adjusted Performance Relative To Other Indicators

New Wave Holdings is rated second in risk adjusted performance category among its peers. It is currently regarded as top stock in maximum drawdown category among its peers reporting about  2,737  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for New Wave Holdings is roughly  2,737 
Compare New Wave to Peers

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