Granite Ridge Risk Adjusted Performance

GRNT Stock  USD 6.45  0.10  1.53%   
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Granite Ridge Resources has current Risk Adjusted Performance of 0.0283.

RAP

 = 

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

RFR

 = 
0.0283
ER[a] = Expected return on investing in Granite Ridge
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Granite Ridge Risk Adjusted Performance Peers Comparison

Granite Risk Adjusted Performance Relative To Other Indicators

Granite Ridge Resources is rated below average in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  285.58  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Granite Ridge Resources is roughly  285.58 
Compare Granite Ridge to Peers

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