Northern Technologies Market Risk Adjusted Performance

NTIC Stock  USD 8.46  -0.05  -0.59%   
The Market Risk Adjusted Performance indicator for Northern Technologies is constructed from normalized market data. The Equity Screeners module supports multi-indicator technical analysis. Northern Technologies has a market cap of 80.3 M, operating margin of -1.24%, ROE of 0.93%. See Correlation Analysis for additional portfolio context. This suggests a position in Northern Technologies. This appears in the portfolio view. 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.
New to investing in Northern Stock? Start with our How to Buy Northern Stock step-by-step guide. It provides a clear overview of how to add Northern Technologies to your portfolio. It is a useful companion to the data and analysis available on this page for Northern Stock.
Northern Technologies has current Market Risk Adjusted Performance of 0.3816.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.3816
ER[a] = Expected return on investing in Northern Technologies
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

Northern Technologies holds the #4 position for market risk adjusted performance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Market Risk Adjusted Performance ratio near 36.70 . The Maximum Drawdown to Market Risk Adjusted Performance ratio for Northern Technologies comes in at 36.70
Compare Northern Technologies to Peers

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