BioRem Market Risk Adjusted Performance
| BRM Stock | | | CAD 2.60 0.11 4.42% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for BioRem Inc. Certain instruments may report limited data depending on market coverage.
BioRem Inc has current Market Risk Adjusted Performance of 3.03.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 3.03 | |
| ER[a] | = | Expected return on investing in BioRem |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
BioRem Inc stands at number one for market risk adjusted performance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
6.85 ratio of Maximum Drawdown to Market Risk Adjusted Performance. BioRem Inc's Maximum Drawdown exceeds Market Risk Adjusted Performance by a factor of
6.85 Other Technical Indicators