Sernova Corp Market Risk Adjusted Performance
| SVA Stock | | | 0.17 0.02 13.33% |
The Market Risk Adjusted Performance indicator for Sernova Corp is constructed from normalized market data. Some instruments may report limited inputs depending on trading history. Sernova Corp has a market cap of 57.37 M.
World Market Map adds portfolio-level perspective. Sernova Corp can be tracked within a custom portfolio for ongoing monitoring. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Sernova Corp's company valuation — related indicators include
signals in inflation.
Sernova Corp has current Market Risk Adjusted Performance of 0.4279.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.4279 | |
| ER[a] | = | Expected return on investing in Sernova Corp |
| 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
Sernova Corp lands at
#3 in market risk adjusted performance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
64.68 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Sernova Corp sits at
64.68 Other Technical Indicators