Nel ASA Market Risk Adjusted Performance

D7G Stock  EUR 0.26  0.01  3.70%   
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Nel ASA has current Market Risk Adjusted Performance of 22.9.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
22.9
ER[a] = Expected return on investing in Nel ASA
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Nel ASA Market Risk Adjusted Performance Peers Comparison

Nel Market Risk Adjusted Performance Relative To Other Indicators

Nel ASA is rated # 2 in market risk adjusted performance category among its peers. It is rated # 3 in maximum drawdown category among its peers reporting about  0.94  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Market Risk Adjusted Performance to Maximum Drawdown for Nel ASA is roughly  1.07 
Compare Nel ASA to Peers

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