Grindrod Market Risk Adjusted Performance
| GRDLY Stock | | | USD 10.20 0.00 0.00% |
The Market Risk Adjusted Performance reading for Grindrod Ltd ADR is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Grindrod has a market cap of 1.2 B, operating margin of 14.07%, ROE of 12.75%. Portfolio-level context is available through
Risk vs Return Analysis. A position in Grindrod Ltd ADR is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Grindrod Ltd ADR has current Market Risk Adjusted Performance of 0.2611.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2611 | |
| ER[a] | = | Expected return on investing in Grindrod |
| 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
Grindrod Ltd ADR is rated
second in market risk adjusted performance among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
1.89 of Maximum Drawdown per Market Risk Adjusted Performance. At
1.89 , Grindrod Ltd ADR's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators