Evonik Industries Market Risk Adjusted Performance
| EVKIY Stock | | | USD 8.37 -0.09 -1.06% |
Observed values used in the Market Risk Adjusted Performance indicator for Evonik Industries AG are included in this dataset. For broader technical screening across instruments, see
Equity Screeners. Evonik Industries has a market cap of 10.45 B, operating margin of 7.73%, ROE of 8.95%. Allocation context is available in
Investing Opportunities. A position in Evonik Industries AG is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Evonik Industries AG has current Market Risk Adjusted Performance of 0.3134.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.3134 | |
| ER[a] | = | Expected return on investing in Evonik Industries |
| 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
Evonik Industries AG is rated
second in market risk adjusted performance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
42.36 of Maximum Drawdown per Market Risk Adjusted Performance. At
42.36 , Evonik Industries AG's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators