UMeWorld Market Risk Adjusted Performance
| UMEWF Stock | | | USD 0.51 0.04 8.51% |
The Market Risk Adjusted Performance indicator for UMeWorld is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. UMeWorld has a market cap of 14.79 M, operating margin of -36.6%. For allocation context, review
World Market Map. Allocation details are provided as informational context. Allocation context is based on the most recent position data. A position in UMeWorld Limited appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
UMeWorld Limited has current Market Risk Adjusted Performance of 3.08.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 3.08 | |
| ER[a] | = | Expected return on investing in UMeWorld |
| 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
UMeWorld Limited ranks
second among pink sheets in market risk adjusted performance across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
3.96 Maximum Drawdown per unit of Market Risk Adjusted Performance. UMeWorld Limited carries a
3.96 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
Other Technical Indicators