Cardiol Therapeutics Market Risk Adjusted Performance

CRDL Stock  CAD 1.41  -0.02  -1.40%   
This technical indicator view for Market Risk Adjusted Performance organizes signals for Cardiol Therapeutics Class and comparable instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Cardiol Therapeutics has a market cap of 157.47 M, ROE of -3.48%. See Trending Equities for portfolio-level analysis. This suggests a position in Cardiol Therapeutics Class inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
  
Cardiol Therapeutics Class has current Market Risk Adjusted Performance of 0.0491.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.0491
ER[a] = Expected return on investing in Cardiol Therapeutics
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Cardiol Therapeutics Market Risk Adjusted Performance Peers Comparison

Cardiol Market Risk Adjusted Performance Relative To Other Indicators

Cardiol Therapeutics Class takes the leading position in market risk adjusted performance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing 357.23 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Cardiol Therapeutics Class sits at 357.23
Compare Cardiol Therapeutics to Peers

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