Sparx Technology Market Risk Adjusted Performance
| SPRX Stock | | | 39.64 0.93 2.40% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Sparx Technology. Coverage may vary across instruments due to feed availability.
Sparx Technology has current Market Risk Adjusted Performance of 0.387.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.387 | |
| ER[a] | = | Expected return on investing in Sparx Technology |
| 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
Sparx Technology falls in the
third position for market risk adjusted performance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
39.30 ratio of Maximum Drawdown to Market Risk Adjusted Performance. Sparx Technology's Maximum Drawdown exceeds Market Risk Adjusted Performance by a factor of
39.30 Other Technical Indicators