Nextplay Technologies Market Risk Adjusted Performance
| NXTP Stock | | | USD 0.0002 0.00 0.00% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Nextplay Technologies. Coverage may vary depending on data feeds and normalization methods.
Nextplay Technologies has current Market Risk Adjusted Performance of 0.7511.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.7511 | |
| ER[a] | = | Expected return on investing in Nextplay 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
Nextplay Technologies is ranked
second for market risk adjusted performance against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
133.14 against Market Risk Adjusted Performance. Maximum Drawdown runs about
133.14 times Market Risk Adjusted Performance for Nextplay Technologies
Other Technical Indicators