NeoVolta Warrant Risk Adjusted Performance

NEOVW Stock  USD 1.77  0.02  1.12%   
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NeoVolta Warrant has current Risk Adjusted Performance of 0.088.

RAP

 = 

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

RFR

 = 
0.088
ER[a] = Expected return on investing in NeoVolta Warrant
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

NeoVolta Warrant Risk Adjusted Performance Peers Comparison

NeoVolta Risk Adjusted Performance Relative To Other Indicators

NeoVolta Warrant 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  816.84  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for NeoVolta Warrant is roughly  816.84 
Compare NeoVolta Warrant to Peers

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