Unit Market Risk Adjusted Performance
| UNTC Stock | | | USD 34.25 -0.91 -2.59% |
Reference data associated with the Market Risk Adjusted Performance technical indicator for Unit Corporation. Indicator inputs depend on available historical price observations.
Unit Corporation has current Market Risk Adjusted Performance of 0.8594.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.8594 | |
| ER[a] | = | Expected return on investing in Unit |
| 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
Unit Corporation holds the
#5 position for market risk adjusted performance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Market Risk Adjusted Performance ratio near
5.83 . The Maximum Drawdown to Market Risk Adjusted Performance ratio for Unit Corporation comes in at
5.83 Other Technical Indicators