IRIDEX Market Risk Adjusted Performance

IRIX Stock  USD 1.77  0.12  6.35%   
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IRIDEX has current Market Risk Adjusted Performance of 0.0119.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.0119
ER[a] = Expected return on investing in IRIDEX
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

IRIDEX Market Risk Adjusted Performance Peers Comparison

IRIDEX Market Risk Adjusted Performance Relative To Other Indicators

IRIDEX is rated below average in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1,119  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for IRIDEX is roughly  1,119 
Compare IRIDEX to Peers

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