Sharps Technology Risk Adjusted Performance

STSS Stock  USD 1.96  0.06  3.16%   
Observed values used to calculate the Risk Adjusted Performance technical indicator for Sharps Technology. Certain instruments may report limited data depending on market coverage.
Sharps Technology has current Risk Adjusted Performance of -0.03.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
-0.03
ER[a] = Expected return on investing in Sharps Technology
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Sharps Technology Risk Adjusted Performance Peers Comparison

Sharps Risk Adjusted Performance Relative To Other Indicators

Sharps Technology is rated below average in risk adjusted performance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
Compare Sharps Technology to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas