Prime Medicine, Market Risk Adjusted Performance
PRME Etf | | | USD 3.74 0.18 4.59% |
Prime Medicine, market-risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Prime Medicine, Common 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
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Prime Medicine, Common has current Market Risk Adjusted Performance of 0.7617.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.7617 | |
ER[a] | = | Expected return on investing in Prime Medicine, |
RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
BETA | = | Beta of the asset with market or selected benchmark. |
Prime Medicine, Market Risk Adjusted Performance Peers Comparison
Prime Market Risk Adjusted Performance Relative To Other Indicators
Prime Medicine, Common is regarded
fourth largest ETF in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
55.03 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Prime Medicine, Common is roughly
55.03
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