| 307 Stock | | | EUR 105.26 1.42 1.37% |
Shopify market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Shopify 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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Shopify has current Market Risk Adjusted Performance of 0.4603.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.4603 | |
| ER[a] | = | Expected return on investing in Shopify |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Shopify Market Risk Adjusted Performance Peers Comparison
Shopify Market Risk Adjusted Performance Relative To Other Indicators
Shopify is rated
fifth in market risk adjusted performance category among its peers. It is rated
second in maximum drawdown category among its peers reporting about
65.02 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Shopify is roughly
65.02
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