Formula Market Risk Adjusted Performance
| FORTY Stock | | | ILS 39,860 -850.00 -2.09% |
Observed values used in the Market Risk Adjusted Performance indicator for Formula are included in this dataset. Data coverage may vary across sources and reporting intervals. Formula has a market cap of 4.21 B, operating margin of 9.11%, ROE of 17.48%. Allocation context is available in
Investing Opportunities. This captures an allocation to Formula. It is represented within the portfolio holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in private.
Formula has current Market Risk Adjusted Performance of 88.78.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 88.78 | |
| ER[a] | = | Expected return on investing in Formula |
| 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
Formula earns the top ranking in market risk adjusted performance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
0.18 of Maximum Drawdown per Market Risk Adjusted Performance. For Formula, Market Risk Adjusted Performance stands at
5.44 times Maximum Drawdown
Other Technical Indicators