Patrick Industries Market Risk Adjusted Performance
| PATK Stock | | | USD 99.98 0.02 0.02% |
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Patrick Industries has current Market Risk Adjusted Performance of 0.2953.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.2953 | |
| ER[a] | = | Expected return on investing in Patrick Industries |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Patrick Industries Market Risk Adjusted Performance Peers Comparison
Patrick Market Risk Adjusted Performance Relative To Other Indicators
Patrick Industries is considered to be number one stock in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
33.06 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Patrick Industries is roughly
33.06
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