Tenax Therapeutics Market Risk Adjusted Performance
| TENX Stock | | | USD 5.89 0.04 0.68% |
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Tenax Therapeutics has current Market Risk Adjusted Performance of 0.0484.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0484 | |
| ER[a] | = | Expected return on investing in Tenax Therapeutics |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Tenax Therapeutics Market Risk Adjusted Performance Peers Comparison
Tenax Market Risk Adjusted Performance Relative To Other Indicators
Tenax Therapeutics is rated
second in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
294.02 of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Tenax Therapeutics is roughly
294.02
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