Covalon Technologies Risk Adjusted Performance

CVALF Stock  USD 1.90  0.01  0.53%   
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Covalon Technologies has current Risk Adjusted Performance of 0.0961.

RAP

 = 

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

RFR

 = 
0.0961
ER[a] = Expected return on investing in Covalon Technologies
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Covalon Technologies Risk Adjusted Performance Peers Comparison

Covalon Risk Adjusted Performance Relative To Other Indicators

Covalon Technologies is rated fourth in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  159.81  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Covalon Technologies is roughly  159.81 
Compare Covalon Technologies to Peers

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