Mesa Laboratories Risk Adjusted Performance

MLAB Stock  USD 131.25  4.15  3.06%   
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Mesa Laboratories has current Risk Adjusted Performance of 0.0359.

RAP

 = 

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

RFR

 = 
0.0359
ER[a] = Expected return on investing in Mesa Laboratories
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Mesa Laboratories Risk Adjusted Performance Peers Comparison

Mesa Risk Adjusted Performance Relative To Other Indicators

Mesa Laboratories is regarded fourth in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  645.60  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Mesa Laboratories is roughly  645.60 
Compare Mesa Laboratories to Peers

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