Neway Valve Market Risk Adjusted Performance

603699 Stock   26.77  0.66  2.41%   
Neway Valve market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Neway Valve suzhou 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
  
Neway Valve suzhou has current Market Risk Adjusted Performance of 1.24.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
1.24
ER[a] = Expected return on investing in Neway Valve
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Neway Valve Market Risk Adjusted Performance Peers Comparison

Neway Market Risk Adjusted Performance Relative To Other Indicators

Neway Valve suzhou is number one stock in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  12.18  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Neway Valve suzhou is roughly  12.18 
Compare Neway Valve to Peers

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