ConvaTec Group Market Risk Adjusted Performance
| CNVVY Stock | | | USD 11.72 -0.51 -4.17% |
The Market Risk Adjusted Performance reading for ConvaTec Group plc is computed from historical trading observations. Values reflect historical observations within the available dataset. ConvaTec Group has a market cap of 5.79 B, operating margin of 10.15%, ROE of 4.86%. Review
Trending Equities for broader portfolio context. The allocation includes a position in ConvaTec Group plc. It is distributed across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
ConvaTec Group plc has current Market Risk Adjusted Performance of
-0.08.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | -0.08 | |
| ER[a] | = | Expected return on investing in ConvaTec Group |
| 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
ConvaTec Group plc is rated
fourth in market risk adjusted performance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
Other Technical Indicators