Middlesex Water Risk Adjusted Performance

MSEX Stock  USD 65.32  1.24  1.86%   
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Middlesex Water has current Risk Adjusted Performance of 0.0606.

RAP

 = 

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

RFR

 = 
0.0606
ER[a] = Expected return on investing in Middlesex Water
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Middlesex Water Risk Adjusted Performance Peers Comparison

Middlesex Risk Adjusted Performance Relative To Other Indicators

Middlesex Water is regarded second in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  174.08  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Middlesex Water is roughly  174.08 
Compare Middlesex Water to Peers

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