Spotify Technology Market Risk Adjusted Performance
| SPOT Stock | | | USD 695.48 25.43 3.53% |
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Spotify Technology SA has current Market Risk Adjusted Performance of 0.7612.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.7612 | |
| ER[a] | = | Expected return on investing in Spotify Technology |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Spotify Technology Market Risk Adjusted Performance Peers Comparison
Spotify Market Risk Adjusted Performance Relative To Other Indicators
Spotify Technology SA is currently regarded as top stock in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
16.81 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Spotify Technology SA is roughly
16.81
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