Mega Lifesciences Market Risk Adjusted Performance

MEGA Stock  THB 35.25  0.25  0.70%   
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Mega Lifesciences Public has current Market Risk Adjusted Performance of 0.4945.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.4945
ER[a] = Expected return on investing in Mega Lifesciences
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Mega Lifesciences Market Risk Adjusted Performance Peers Comparison

Mega Market Risk Adjusted Performance Relative To Other Indicators

Mega Lifesciences Public is regarded third in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  23.17  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Mega Lifesciences Public is roughly  23.17 
Compare Mega Lifesciences to Peers

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