| AZAD Stock | | | 1,385 18.45 1.35% |
Azad Engineering market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Azad Engineering Limited 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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Azad Engineering Limited has current Market Risk Adjusted Performance of 0.5976.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.5976 | |
| ER[a] | = | Expected return on investing in Azad Engineering |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Azad Engineering Market Risk Adjusted Performance Peers Comparison
Azad Market Risk Adjusted Performance Relative To Other Indicators
Azad Engineering Limited is rated
fifth in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
27.92 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Azad Engineering Limited is roughly
27.92
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