Drax Group Market Risk Adjusted Performance
| DRXGF Pink Sheet | | | USD 11.10 0.00 0.00% |
The Market Risk Adjusted Performance reading for Drax Group plc is computed from historical trading observations. Extended technical indicator views are accessible through
Equity Screeners. Drax Group has a market cap of 3.13 B, operating margin of 5.91%, current ratio of 1.0.
Investing Opportunities adds portfolio-level perspective. Portfolio analysis tools can evaluate how Drax Group plc fits within a broader allocation. Performance attribution breaks down contribution by individual holding. Broader economic conditions can influence Drax Group plc's company valuation — related indicators include
signals in census.
Drax Group plc has current Market Risk Adjusted Performance of 0.5198.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.5198 | |
| ER[a] | = | Expected return on investing in Drax 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
Drax Group plc ranks
second among pink sheets in market risk adjusted performance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
46.72 Maximum Drawdown per unit of Market Risk Adjusted Performance. Drax Group plc carries a
46.72 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
Other Technical Indicators