Nordson Market Risk Adjusted Performance
| NDSN Stock | | | USD 271.16 0.16 0.06% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for Nordson. Certain instruments may report limited data depending on market coverage.
Nordson has current Market Risk Adjusted Performance of 0.2271.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2271 | |
| ER[a] | = | Expected return on investing in Nordson |
| 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
Nordson lands at
#2 in market risk adjusted performance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
25.13 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Nordson sits at
25.13 Other Technical Indicators