Nextracker Risk Adjusted Performance

NXT Stock   61.85  1.32  2.18%   
Nextracker risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Nextracker Class A or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
Nextracker Class A has current Risk Adjusted Performance of 0.187.

RAP

 = 

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

RFR

 = 
0.187
ER[a] = Expected return on investing in Nextracker
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Nextracker Risk Adjusted Performance Peers Comparison

Nextracker Risk Adjusted Performance Relative To Other Indicators

Nextracker Class A is regarded fifth in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  99.86  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Nextracker Class A is roughly  99.86 
Compare Nextracker to Peers

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