Northern Technologies Market Risk Adjusted Performance
| NTIC Stock | | | USD 8.68 0.28 3.33% |
The Market Risk Adjusted Performance technical lookup provides context for Northern Technologies and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Northern Technologies has a market cap of 82.39 M, operating margin of -1.24%, ROE of 0.93%. Review
Correlation Analysis for broader portfolio context. This reflects a position in Northern Technologies within the portfolio mix. 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.
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Northern Technologies has current Market Risk Adjusted Performance of 0.4458.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.4458 | |
| 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. |
Northern Technologies Market Risk Adjusted Performance Peers Comparison
Northern Market Risk Adjusted Performance Relative To Other Indicators
Northern Technologies holds the
#2 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
29.21 . The Maximum Drawdown to Market Risk Adjusted Performance ratio for Northern Technologies comes in at
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