NRACUDelisted Stock | | | USD 10.60 0.00 0.00% |
Noble Rock market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Noble Rock Acquisition 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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Noble Rock Acquisition has current Market Risk Adjusted Performance of 0.8942.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.8942 | |
ER[a] | = | Expected return on investing in Noble Rock |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BETA | = | Beta of the asset with market or selected benchmark. |
Noble Rock Market Risk Adjusted Performance Peers Comparison
Noble Market Risk Adjusted Performance Relative To Other Indicators
Noble Rock Acquisition is considered to be number one stock in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
4.44 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Noble Rock Acquisition is roughly
4.44
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