Pro Dex Market Risk Adjusted Performance
PDEX Stock | | | USD 47.67 1.01 2.16% |
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Pro Dex has current Market Risk Adjusted Performance of 6.61.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 6.61 | |
ER[a] | = | Expected return on investing in Pro Dex |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BETA | = | Beta of the asset with market or selected benchmark. |
Pro Dex Market Risk Adjusted Performance Peers Comparison
Pro Market Risk Adjusted Performance Relative To Other Indicators
Pro Dex 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
6.15 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Pro Dex is roughly
6.15
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