PyroGenesis Canada Market Risk Adjusted Performance
| PYRGF Stock | | | 0.42 -0.04 -8.70% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for PyroGenesis Canada. Values may reflect normalized price or volume observations.
PyroGenesis Canada has current Market Risk Adjusted Performance of 1.22.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 1.22 | |
| ER[a] | = | Expected return on investing in PyroGenesis Canada |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
PyroGenesis Canada Market Risk Adjusted Performance Peers Comparison
PyroGenesis Market Risk Adjusted Performance Relative To Other Indicators
PyroGenesis Canada ranks
fourth among otc stocks in market risk adjusted performance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
34.44 Maximum Drawdown per unit of Market Risk Adjusted Performance. PyroGenesis Canada carries a
34.44 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
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